Denzel Corporation is planning to issue bonds with a face value of $$670,000$ and a coupon rate of $7\mathrm{.}5$ percent. The bonds mature in $6$ years and pay interest semiannually every June $30$ and December $31.$ All of the bonds were sold on January $1$ of this year. Denzel uses the effective$-$interest amortization method and does not use a discount account. Assume an annual market rate of interest of $8\mathrm{.}5$ percent. $1.$ Prepare the journal entry to record the issuance of the bonds.