what if Kristal corpse bond was not issued at face value? Instead on October $120$X$1$ Kristal Corp. issued $$700,000,5\%,10$ year bonds at $98.$ Financial statements are prepared annually on December $31.$ Prepare the journal entry to record the issuance of the bonds. Show the balance sheet presentation of bonds payable on December $3120$X$1.$ Assume $$350$ of the bond discount has been amortized. prepare the journal entry to record the payment of bonds at maturity, October $1,20$Y$1.$ Assume any accrued interest has already been paid