Exercise 10-7A (Algo) Two accounting cycles for bonds issued at face value LO 10-3 On January 1, Year 1, Bell Corporation issued $264,000 of 10 -year, 8 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/ev select "No journal entry required" in the first account field.) Journal entry worksheet 3 Note: Enter debits before credits