mework Help On January 1, Year 1, Bell Corp. issued $250,000 of 10-year, 5 percent bonds at their face amount. Interest is payable on December 31 of each year with the first payment due December 31, Year 1 Required Prepare all the general journal entries related to these bonds for Year 1 and Year 2. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Record the issue of bonds payable debits before Jan 01 nework Help On January 1, Year 1, Bell Corp. issued $250,000 of 10-year, 5 percent bonds at their face amount. Interest is payable on December 31 of each year with the first payment due December 31, Year1 Required Prepare all the general journal entries related to these bonds for Year 1 and Year 2. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Record the interest expenses for bonds payable. Note: Enter debits before credits. General Journal Credit Date Dec 31 K Prex 3 of 5 Next> Help n January 1, Year 1, Bell Corp. issued $250,000 of 10-year, 5 percent bonds at their face amount. Interest is payable on December 31 f each year with the first payment due December 31, Year 1 equired epare all the general journal entries related to these bonds for Year 1 and Year 2. (If no entry lect "No journal entry required" in the first account field.) is required for a transaction/event, View transaction list Journal entry worksheet Record the interest expenses for bonds payable. debits before credits Date General Journal Debit Credit Dec 31 Prev 3 of 5 Next>