LINE Transaction 2017-01-01 Jackson Company issued $210,000 of bonds at a price of 96.00% of face value. The bonds have a maturity of 3 years and an interest rate of 5.00% with annual interest payments. (Use dropdowns to see the accounts in the journal) 2017-12-31 Make the first interest entry and amortize a portion of the bond discount. DATE GENERAL JOURNAL DEBIT CREDIT Date 1 2017-01-01 2 3 4 5 2017-12-31 6 7 8 9 2018-12-31 10 11 12 13 2019-12-31 14 15 16 17 18 19 20 2018-12-31 Make the second interest entry. 2019-12-31 Make the third interest entry. 2019-12-31 2019-12-31 Make the entry to pay off the face amount of the bonds at the end of year 3