On January 1, Year 1. Price Co. issued $216,000 of five-year, 6 percent bonds at 98. Interest is payable annually on December 31. The discount is amortized using the straight-line method. Required Prepare the journal entries to record the bond transactions for Year 1 and Year 2. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 Record the entry for issuance of bonds Note Enter debits before credits Date General Journal Debit Credit Jan 01 Record entry Clear entry View general Journal