Required information The following information applies to the questions displayed below.) Enviro Company issues 8%, 10-year bonds with a par value of $320,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 10%, which implies a selling price of 87 12. Prepare the journal entries for the issuance of the bonds. Assume the bonds are issued for cash on January 1, 2017 View transaction list Journal entry worksheet Record the issue of bonds with a par value of $320,000. Note: Enter debits before credits General Journal Debit Credit Date Jan 01, 2017