12) hec On the first day of the fiscal year, a company issues a $406,000, 11%, 10- year bond that pays semiannual interest of $22,330 ($406,000 x 11% x 1/2), receiving cash of $426,300. Journalize the entry to record the first interest payment and amortization of discount/premium using the straight- line method. IltAn if an amount box does not require an entry, leave it blank or enter "O". ANONYN 5,479 ans Transa 31-Dec- Working Bond issue PreviousNext