Enviro Company issues 10%,10-year bonds with a par value of $360,000 and semiannual interest payments, On the issue date, the annual market rate for these bonds is 12%, which implies a selling price of 881/2. Trepare the journal entry for the issuance of the bonds for cash on January 1. Journal entry worksheet Record the issue of bonds with a par value of $360,000. Notes Enter debits before credits