Enviro Company issues 8%, 10-year bonds with a par value of $270,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 10%, which implies a selling price of 87 12. Prepare the journal entry for the issuance of the bonds for cash on January 1 View transaction list Journal entry worksheet Record the issue of bonds with a par value of $270,000. Note: Enter debits before credits Debit Credit Date General Journal Jan 01