Chapter 14 - Homework Questions Seved Help Save & Exit Submit Check my work 2 Enviro Company issues 10%, 10-year bonds with a par value of $390,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 12%, which implies a selling price of 88 V2. Prepare the journal entry for the Issuance of the bonds for cash on January 1. 5 points Skipped View transaction list Journal entry worksheet eBook > Hint Record the issue of bonds with a par value of $390,000. Print Note: Enter debits before credits Debit Credit Date General Journal References Jan 01 View general Journal Clear entry Record entry Next 2