E10-9 (Algo) (Chapter Supplement) Recording and Reporting a Bond Issued at a Discount (without Discount Account) LO10-4 [The following information applies to the questions displayed below] Denzel Corporation is planning to issue bonds with a face value of $760,000 and a coupon rate of 7.5 percent. The bonds mature in 6 years and pay interest semiannually every June 30 and December 31 . All of the bonds were sold on Jahuary 1 of this year. Denzel uses the effective-interest amortization method and does not use a discount account. Assume an annual market rate of interest of 8.5 percent. (EV of S1, PV of S1. FVA of S1, and PVA of S1) NOte: Use appropriate factor(s) from the tables provided. E10-9 Part 1 Required: 1. Prepare the journal entry to record the issuance of the bonds Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your intermediate calculotions and final answers to whole dollars. Required: 1. Prepare the journal entry to record the issuance of the bonds. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account fieid. Round your intermediate colculations and final answers to whole dollars