On January 31, 2018, Doherty Logistics, Inc, issued five-year, 5% bonds payable with a face value of $5,000,000. The bonds were issued at 97 and pay interest on January 31 and July 31. Doherty Logistics amortizes bond discounts using the straight-line method. Read the mquirement a. Record the issuance of the bond payable on January 31, 2018. (Record debits first, then credits. Exclude explanations from any joumal entries.) Journal Entry Date Accounts Debit Credit Jan 31 Cash Discount on Bonds Payable Bonds Payable