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Credit (6) Date 31-Dec-20 Debit 156.000) On December 31, Johnson Controls, Inc. issued bonds with a $800,000 face value, and a 6% stated interest rate. The bonds mature in 10 years and pay interest every December 31. The market interest rate when the bonds were issued was 7% Account Cash Discount on Bonds Payable Bonds Payabla 800,000 Were the bonds issued at a discount, premium, or at par? Discount Debit Credit Prepare the journal entry to record the first coupon payment on December 31, 2021 Date 31-Dec-21 Account Interest Expense Discount on Bonds Payable Cash Debit Credit Date 31-Dec On December 31, Johnson Controls, Inc. issoed bonds with a $800,000 face value, and a 6% stated interest rate. The bonds mature in 10 years and pay interest every December 31. The market interest rate when the bonds were issued was Account Cash Bonds Payable Premium on Bonds Payable Were the bonds iswed at a discount, premium, or at par? Premium Debit Credit Prepare the journal entry to record the first coupon payment on December 31, 2021 Date 31-Dec-21 Account Interest Expense Premium on fonds Payable Cash