On January 1, 2024, Blue issued 10-year, $320,000 face value, 6% bonds at par. Each $1,000 bond is convertible into 30 shares of Blue $2 par value common stock. The company has had 10,000 shares of common stock (and no preferred 5 tock) outstanding throughout its life. None of the bonds have been converted as of the end of 2025. (Ignore all tax effects.) (a) Prepare the Journal entry Blue would have made on Jamuary 1, 2024, to record the issuance of the bonds. (List debit entry before credit entry. If no entry is required, select "No entry" for the occount titles and enter Ofor the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manualiy.)