Hillside issues $1 800 000 of7% 15-year bonds dated January 1, 2016 tat pay rteest se manualy on Are 30 and Doerter 31 The bonds ae ssued at a preotS2500 to Required 1. Prepare the January 1, 2016journal entry to record the bonds' ssuance View transaction iist Journal entry worksheet Record the issue of bonds with a par value of $1,800,000 ash on lanuary 1, 2016 at an issue price of $2,203,194. Note. Enter debits before credts Date General Journal Jan 01, 2016 Record enry Clear entry