QS 10-5 Journalizing discount bond issuance LO P2 Enviro Company issues 8%, 10-year bonds with a par value of $250,000 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 entry for the issuance of the bonds for cash on January 1. View transaction list Journal entry worksheet