apters 10 and 11 Issuing Bonds at a Discount On the first day of the fiscal year, a company issues a $9,000,000, 7%, 7-year bond that pays semiannual interest of $315,000 ($9,000,000 x 7% x V), receiving cash of $7,663,684. Journalize the bond issuance. If an amount box does not require an entry, leave it blank