Wayne Brady Inc. issued 800, $1,000, 12% 10 year bonds on January 1, 2016, at 96 interest is payable annually on January 1. the company uses straight-line amortization for bond premiums is discounts. a. Prepare the journal entry for the issuance of bonds. B Prepare the journal entry for the accrual of interest and the premium or discount amortization on 12/31/16