Homework: Chapter 12 Score: 0 of 1 pt S12-7 (similar to) Save 4 of 11 (3 complete) HW Score: 21.97%, 2.42 of 11 pts Question Help * Oakley Company issued a $50,000, 10%, 10-year bond payable at 90 on January 1, 2018. Interest is paid semiannually on January 1 and July 1. Read the requirements. Requirement 1. Journalize the issuance of the bond payable on January 1, 2018. (Record debits first, then credits. Select explanations on the last line of the journal entry.) Date 2018 Jan. 1 Accounts and Explanation Debit Credit