Current Attempt in Progress On January 1, 2021, Vaughn Corporation issued $540,000 of 6% bonds due on January 1,2029 when the market rate was 4%. The company uses the effective interest method to amortize any bond premium or discount. The bonds pay semi-annual interest on June 30 and December 31 of every year. (a) What is the journal entry to record the issuance of the bonds? (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List debit entry before credit entry.)