On January 1, 2022, Blue Corporation issued $1,830,000 face value, 5%, 10-year bonds at $1,695,310. This price resulted in an effective-interest rate of 6% on the bonds. Blue uses the effective-interest method to amortize bond premium or discount. The bonds pay annual interest January 1. Your answer is correct. Prepare the journal entry to record the issuance of the bonds on January 1, 2022. (Round answers to decimal places, e.g. 125. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Credit Jan. 1 Jan. 1 Cash Discount on Bonds Payable Debit 1695310 34690 Discount on Bonds Payable Bonds Payable 1830000 e Textbook and Media List of Accounts Attempts: 2 of 3 used Prepare an amortization table through December 31, 2024 (three interest periods) for this bond issue. (Round answers to 0 decimal places, e.g. 125.) BLUE CORP Bond Discount Amortization Effective-Interest Method-Annual Interest Payments Annual Interest Periods Interest to Be Paid Interest Expense to Be Recorded Discount Amortization Unamortized Discount Bond Carrying Value Issue date $ 1695310 91500 91500 91500 eTextbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit