QS 10-6 Journalizing premium bond issuance LO P3 Garcia Company issues 9.0% 15-year bonds with a par value of $400,000 and emonnual Interest payments. On the issue date, the annual market rate for these bonds is 70%, which Implies a selling price of 115 3/4. Prepare the Journal entry for the issuance of these bonds for cash on January View transaction lat Journal entry worksheet Record the issue of bonds with a par value of $400,000 at a selling price of 115 3/4 Hotel Inter debits before credits General Journal Date Jan 01 Doll Credit Record entry Clear entry View general Journal