Franklin Company issued $100,000 of 10 -year, 5% bonds payable on January 1,2018 . Franklin Company pays interest each January 1 and July 1 and amortizes discount or premium by the straight-line amortization method. The company can issue its bonds payable under various conditions Read the requirements. Requirement 1. Journalize Franklin Company's issuance of the bonds and first semiannual interest payment assuming the bonds wore issuod at face value Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal enthos) Journalize the issuance of the bond payable at face value