Exercise 10-12 Assume that the following are independent situations recently reported in the Wall Street Journal. 1. General Electric (GE) 7% bonds, maturing January 28, 2015, were issued at 110.42. 2. Boeing 7% bonds, maturing September 24, 2029, were issued at 99.22. (c) Prepare the journal entry to record the issue of each of these two bonds, assuming each company issued $800,000 of bonds in total. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit 1 2