Required information [The following information applies to the questions displayed below.] Ike issues $260,000 of 9%, three-year bonds dated January 1, 2021, that pay interest semiannually on June 30 and December 31. They are issued at $266,811 when the market rate is 8%. Required: 1. Prepare the January 1 journal entry to record the bonds' issuance. View transaction list Journal entry worksheet 1 Record the issue of bonds with a par value of $260,000 on January 1, 2021 at an issue price of $266,811. Note: Enter debits before credits. Date General Journal Debit Credit

Required information [The following information applies to the questions displayed below] Ike issues $260,000 of 9%, three-year bonds dated January 1,2021 , that pay interest semiannually on June 30 and December 31 . They are issued at $266,811 when the market rate is 8%. Required: 1. Prepare the January 1 journol entry to record the bonds' issuance. Journal entry worksheet Record the issue of bonds with a par value of $260,000 on Jaruary 1,2021 at an issue price of $266,811. Potel finter debiti betore credits