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Bond Premium, Entries for tonds Payable Transactions Rodgers Corporation produces and sells football equipment. On July 1, Year 1, Rogers Corporation issued 565,500,000 or 10

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Bond Premium, Entries for tonds Payable Transactions Rodgers Corporation produces and sells football equipment. On July 1, Year 1, Rogers Corporation issued 565,500,000 or 10 year, 11 bonds to market (effective interest rate of receiving cath of $74,020,024 Interest on the bonds is payable semiannually on December 31 June 30. The fiscal year of the company is the calendar year Required: For all journal entries. If an amount box does not require an entry, leave it bank 1. Joumalize the entry to record the amount of cash proceeds from the issuance of the bonds on My 1 Year 1

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