The founder of Frenza asks us to assist her in accounting and analysis of the corporation's bonds, which have an annual contract rate of 8%. She wants to know the business and accounting implications of further debt issuances as she looks for ways to finance the growth of Frenza. The following Tableau Dashboard is provided to help us address her questions and provide recommendations for her business decisions. Cash \& Inventory for Competing Companies 0% +++++ ab e a u What is the premium or discount on the Frenza bonds on the issue date of January 1, Year 1? 2. Prepare the journal entry for issuance of the Frenza bonds on January 1, Year 1. Complete this question by entering your answers in the tabs below. What is the premium or discount on the Frenza bonds on the issue date of January 1, Year 1 ? Prepare the journal entry for issuance of the Frenza bonds on January 1, Year 1. Journal entry worksheet Record the issuance of the bonds on January 1, Year 1. Note: Enter debits before credits