Question 8 of 12 1/5 View Policies Show Attempt History Current Attempt in Progress On January 1, 2022, Riverbed Corporation issued $1,730,000 face value. 7%, 10 year bonds at $1,613,916. This price resulted in an effective interest rate of 8% on the bonds. Riverbed uses the effective interest method to amortize bond premium or discount. The bonds pay annual interest January 1. (a) Your answer is correct Prepare the journal entry to record the issuance of the bonds on January 1, 2022. (Round answers to decimal places, es. 125. Credit account titles are automatically indented when amount is entered. Do not inden mantally) Date Account Titles and Explanation Debit Credit Jan. 1 Cash 1613916 Discount on bonds Pavable 116084 Bondable 1730000 Prepare an amortization table through December 31, 2024 (three interest periods) for this bond issue. (Round answers to decimal places, eg, 125.) RIVERBED CORP. Bond Discount Amortization Effective Interest Method --Annual Interest Payments Interest Expense to Be Discount Recorded Amortization Interest to Be Paid Unamortized Discount 116084 812588 $ 116084 116084 116084 e Textbook and Media List of Accounts Save for later Attempts:O of 3 used Submit Am