LULETTE Concord Corporation issues $2.30 million, 10 year, 9% bonds at 98, with interest payable each January 1. Part 1 Your answer is partially correct. Prepare the journal entry to record the sale of these bonds on January 1, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. Cash Discount on Bonds Payable Bonds Payable e Textbook and Media