On August 1, 2022, Swifty Corporation issued $405,000, 6%, 10-year bonds at face value. Interest is payable annually on August 1. Swifty's year-end is December 31. (e) Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Skysong, Inc. issued $408,500 of 5-year, 7% bonds at 99 on January 1, 2022. The bonds pay interest annually.