Saved 3 Prepare the journal entries for the issuance of the bonds. Assume the bonds are issued for cash on January 1, 2015 Enviro Company issues 8%, 10-year bonds with a par value of $180,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 10%, which implies a selling price of 87 1/2. View transaction list 01:17:09 Journal entry worksheet 1 Record the issue of bonds with a par value of $180,000. Note: Enter debits before credits Debit Credit Date General Journal Jan 01, 2015