Simko Company issued $540,000 5year. A percent bonds on January 1, 2018 The bonds were med for $600.000 Interestis payable annually on December 31 Using straight line amortization, prepare journal entries to record (the bond in cance on January 2013 and the payment of interest on December at 2018 Of ne entry lu required for a transaction/event, select "No Journal Entry Required" in the first account feli) View transactions Journal entry worksheet 1 Record thence of bonds with a face value of $40,000 for $600,000 General Journal Debat Credit Date January 1 2018 Record Clear entry Viewoneral Journal Journal entry worksheet