Exercise 10-7A (Algo) Two accounting cycles for bonds issued at face value LO 10-3 On January 1, Year 1, Bell Corporation issued $363,000 of 10-year, 5 percent bonds at their face amount. Interest is payable on December 31 of each year with the first payment due December 31, Year 1 Required Prepare all the general journal entries related to these bonds for Year 1 and Year 2. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet < 1 2 3 Record the issue of bonds payable. Note: Enter debits before credits. >