A $2,000,000 bond issue on which there is an unamortized premium of $87,000 is redeemed for $1,960,000. Journalize the redemption of the bonds. If an amount box does not require an entry, leave it blank. Issuing bonds at a premium On the first day of the fiscal year, a company issues a $3,000,000,9%,8-year bond that pays semiannual interest of $135,000($3,000,0009%1/2), receiving cash of $3,362,826. Journalize the bond issuance. If an amount box does not require an entry, leave it blank