Required information [The following information applies to the questions displayed below.) On January 1, when the market interest rate was 10 percent, Seton Corporation completed a $210,000, 9 percent bond issue for $197,088. The bonds pay interest each December 31 and mature in 10 years, Seton amortizes the bond discount using the straight-line method. Required: 1. & 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) View transactions Journal entry worksheet 1 2 Record the issuance of bonds for $197,088 with a face value of $210,000, Note: Enter debits before credits General Journal Date January 01 Dobit Credit