Hevialed information Reatrincelt nearest whole thollari. Journal entry worksheet Record the issuance of bonds for $138,529 with a face value of $160,000. Noce: Enter debits before credits: Required information The following information applles to the questions displayod below] On January 1, when the market interest rate was 8 percent, Seton Corporation completed a $160,000,6 percent bond using the straight-line method. Required: 1. \& 2. Prepare the required journal entries to record the bond issuance and the first interest payment on December 31. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest whole dollar.) Journal entry worksheet Record the interest payment on December 31 . Note: Enter debits before credits