Pina Colada Corp, issued $541,000 of 5-year, 8% bonds at 97 on January 1, 2022. The bonds pay interest annually. (a1) Your answer is partially correct. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit Cash