On January la company issues bonds dated January 1 with a par value of $320,000. The bonds mature in 5 years. The contract rate is 7%, and interest is paid semiannually on June 30 and December 31. The market rate is 6% and the bonds are sold for $333,650. The journal entry to record the first interest payment using straight-line amortization is: (Rounded to the nearest dollar.) Multiple Choice Debit Rond Interest Expense $12,565, credit Discount on Bonds Payable $1,365, credit Cash $11.200 o Debit interest Payable $11.200, credit Cash $11.200 o Debit Bond Interest Expense $12.565, credit Premium on Bonds Payable $1,365, credit Cash $11.200 o Debit Bond Interest Expense $9,835, debit Discount on Bonds Payable $1365. Credit Cash $11.200 o o Debit Bond interest Expense $9.835: debit Premium on Bonds Payable $1.365. Credit Cash $11.200 spraw 25 anm andra