1. Record the issuance of the bond on June 30. (Round time value factor to 4 decimal places. Enter your answers in dollars not in millions. Round intermediate and final answers to the nearest whole dollar. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Imal Company issued a $1.200 million bond that matures in five years. The bond has a 9 percent coupon rate. When the bond was Issued, the market rate was 4 percent. The bond pays interest twice per year, on June 30 and December 31. Use Table:90.1. Table 902 Required: 1. Record the issuance of the bond on June 30. (Round time value factor to 4 decimal places, Enter your answers in dollars not in millions. Round Intermediate and final answers to the nearest whole dollar. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction et View Journal entry worksheet General Journal Debit Credit No 1 Date June 30 Cash Bond premium