Star Inc. was authorized to issue $1,000,000 of 12 percent bonds On April 1, 2016, the corporation issued bonds with a face value of $230,000 at a price of 102.4. The bonds mature 10 years from the date of issue interest is payable semiannually on October 1 and April 1. Prepare the general journal entry to record the April 1, 2016, bond issue