Required information [The following information applies to the questions displayed below.] Legacy issues $690,000 of 7.0%, four-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $623,078 when the market rate is 10%. Required: 1. Prepare the January 1 journal entry to record the bonds' issuance. View transaction list View journal entry worksheet X No Date General Journal Debit Credit