# 10 A

On the first day of the fiscal year, a company issues an $334,000,8%, five-year bond that pays semiannual interest of $13,360($334,0008%1/2 ), receiving cash of $314,000. Joumalize the entry to record the first interest payment and the amortization of the related bond discount using the straight-line method. If an amount box does not require an entry, leave it blank