Help Save & SIGNMENT Prepare the journal entry for the issuance of these bonds. Assume the bonds are ssued for cash on January 1, 2017 Garcia Company issues 900%, 15-year bonds with a par value of $400,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 700%, which implies a selling price of tis 34 Journal entry worksheet Record the issue of bonds with a par value of $400,000. Viee general journal F7