Chapter 10 Problems Saved Required information [The following information applies to the questions displayed below.) Part 1 of 4 Legacy issues $660,000 of 5.5%, four-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $648,412 when the market rate is 6%. 1.66 points Required: 1. Prepare the January 1 journal entry to record the bonds' issuance. eBook View transaction list Print Journal entry worksheet Record the issue of bonds with a par value of $660,000 on January 1, 2019 at an issue price of $648,412. Note: Enter debits before credits. General Journal Debit Credit Date January 01 Record entry Clear entry View general journal