Journal entry worksheet 2 Record the issuance of bonds for $242,426 with a face value of $280,000. Note: Enter debits before credits. Date General Journal Debit Credit January 01 Cash 242,426 Discount on Bonds Payable 37,574 Bonds Payable 280,000 Required" in the first account field. Round your answers to the nearest whole dollar.) View transaction list Journal entry worksheet Record the interest payment on December 31 Note: Enter debits before credits. Date General Journal DebitCredit December 31 Interest Expense on Bonds Payable