Outlook Spanish class 252 newconnecLmheduc ACCT CONNECT-ACCT Ch 13-16 Seved Help Save & Exit Submit Enviro Company issues 8%, 10-year bonds with a par value of $270,000 and semiannual Interest payments. On the issue date, the annual market rate for these bonds is 10%, which implies a selling price of 87 12. Prepare the journal entry for the issuance of the bonds for cash on January 1. View transaction list 5:12 Journal entry worksheet 1 Record the issue of bonds with a par value of $270,000, Note: Enter debits before credits Debit Credit Date General Journal Jan 01 Next >