On January 1, when the market Interest rate was 9 percent, Seton Corporation completed a $200,000, 8 percent bond Issue for $18763. The bonds pay Interest each December 31 and mature in 10 years. Assume Seton Corporation uses the effective-Interest method to amortize the bond discount 5 value: 16.66 points Required: 1.82. Complete the required journal entries to record the bond issuance and the first interest payment on December 31. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest whole dollar.) View transaction ist Journal entry worksheet Record the issuance of bonds for $187,163 with a face value of $200,000. Note: Enter debits before credits debits before Date General Journal Debit Credit January 01 Cash 187,163 on Bonds Payable 12,837 Bonds Payable 200,000 8