Required information

$[$The following information applies to the questions displayed below.$]$

On January $1,$ when the market interest rate was $9$ percent, Seton Corporation completed a $$200,000,8$ percent bond issue for $$187,163.$ The bonds pay interest each December $31$ and mature in $10$ years. Assume Seton Corporation uses the effective$-$interest method to amortize the bond discount.

Required:

& $2.$ Prepare the required journal entries to record the bond issuance and the first interest payment on December $31.($If no entry is required for a transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field. Round your answers to the nearest whole dollar.$)$

Answer is complete but not entirely correct.

$\backslash$table$[[$No$,$Date,General,,Debit,Credit$],[1,$January $01,$Cash,grad,$187,163,],[,$Discount on Bonds Payable,$(2),12,837,],[,$Bonds Payable,grad,,$200,000\frac{O}{?}$