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NI On March 1 , the company issued $200,000 face value, 8% bonds for $218,040, including accrued interest. Interest is payable semiannually on December 1

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image text in transcribed On March 1 , the company issued $200,000 face value, 8% bonds for $218,040, including accrued interest. Interest is payable semiannually on December 1 and June 1 with the bonds maturing 10 years from this past December 1. Prepare the journal entry to record the issuance of the bonds. SHOW CALCULATIONS

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