On January 1, Year 1, Price Co. Issued $299,000 of five year, 7 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 fleld.) View transaction list Journal entry worksheet 2 3 Record the entry for issuance of bonds. Note: Enter debits before credits. Date General Journal Jan 01 f Record entry Clear entry View gensal journal