Hw10 Help Save & Exit Submit Check my work 3 Required information Part 1 of 2 The following information applies to the questions displayed below On January 1, when the market interest rate was 9 percent. Seton Corporation completed a $290.000, 8 percent bond issue for $271,387 The bonds pay interest Corporation uses the effective-interest method to amortize the bond disc each December 31 and mature in 10 years. Assume Seton polnts eflook Required: Hint 1. &2. Prepare the required journal entries to record the bond issuance and the first interest payment on December 31 It no entry is event, select "No Journal Entry Required in the first account field. Round your answers to the Print nearest whole dollar) View transaction list