xternal browser0&launchurahttps%2534 Admissions Ope Conta ewconnect.meducation.com 252Fs/activity/quest Saved Required information Problem 10-5A Straight-Line: Amortization of bond premium and discount LO P1, P2, P3 [The following information applies to the questions displayed below.) Legacy issues $325,000 of 5%, four-year bonds dated January 1, 2017, that pay interest semiannually on June 30 and December 31. They are issued at $292,181 and their market rate is 8% at the issue date, Problem 10-5A Part 1 Required: 1. Prepare the January 1, 2017. journal entry to record the bonds' issuance. View transaction list Journal entry worksheet Record the issue of bonds with a par value of $325,000 cash on January 1, 2017 at an issue price of $292,181. Note: Enter debits before credits General Journal Debit Credit Date Jan 01, 2017 Record entry Clear entry Vlow general joumat of 12 Next >