Ivanhoe Company issues $6,000,000, 10-year, 8% bonds at 94, with interest payable annually on January 1. The straight-line m is used to amortize bond discount. (a) Prepare the journal entry to record the sale of these bonds on January 1, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Jan. 1 68F Mostly cloudy O Debit Credit Prepare the adjusting journal entry to record interest expense and bond discount amortization on December 31, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Dec. 31 eTextbook and Media List of Accounts Debit Credit