On January 1 Year 1 Price Co. issued $355,000 of five year, 7 percent bonds at 94. 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 Record the entry for issuance of bonds. Note: Enter detits before credits General Journal Debit Credit Jan 01 View general journal Record entry Clear entry