On January 1, 2016, Hazman Corp. issued $200,000 of 10-year,

On January 1, 2016, Hazman Corp. issued $200,000 of 10-year,

On January 1, 2016, Hazman Corp. issued $200,000 of 10-year, 6 percent bonds at their face value. Interest is payable on December 31 of each year with the first payment due December 31, 2016.

Required

Prepare all the general journal entries related to these bonds for 2016 and 2017.

On January 1, 2016, Hazman Corp. issued $200,000 of 10-year,