Presented below is a partial amortization scheduie for Discount Pizza. Cash Paid Interest Increase in Carrying Period for Interest Expense Carrying Value Value Issue date $52,181 51,475 1,475 1.565 1,568 590 93 52 271 52 364 1. & 2. Record the bond issue and first interest payment assuming the face value of bonds payable is $59,000. (If no entry is required for a transactionievent, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the issuance of bond Note: Enter debits before credits General Journal Debit Credit Cash 52,181 t on Bonds Payable onds payable Record entry Clear entry View general journal