a year), receiving On January 1, the first day of the fiscal year, a company issues a $650.000, 10%, 10-year bond that pays semiannual interest of $32,500 ($650,000 x 10% cash of $650,000 ent on June 30, and (c) the payment of the principal on the maturity date December 31. Journaize me entries to record (a) the issuance of the bonds, (b) the first interest Refer to the Chart of Accounts for exact wording of account sites JOURNAL ACCOUNTING EQUATION DESCRIPTION POST. REF. DEBIT CREDIT A SSETS LIABILITIES QUITY DATE Jun. 30