e year 2019, a company issues a S50XX.OXX. 10%. 10-year bond that pays crest, g cash of $5,300,000. Journalize the entry to record the issuance of the bonds. Debit re 14. On the first day of the year 2019, a company issues a $50,000,000, 6%, 10-year bond that pays semi-annual interest, receiving cash of $52.000,000. Journalize the entry to record the first interest payment and amortization of premium using the straight-line method. capacitantes #3: El estudiante registrar transacciones aplicables en los casos de una emisin de pagars a largo plazo. On January 1, 2019, IRCS Company obtained an $88,000, seven year 5% installment note from Farmers Bank. The note requires annual payments of $15,208, with the first payment occurring on the last day of the year. The first payment consists of $4,400 interest and principal repayment of $10,808. Requirement: (Shows computations are required) Journalize the following entries: a. b. (1) Issued the installment notes for cash on January 1, 2019. Paid the first annual payment on the note. (2) Determine the amount of interest expense on the note for the first year. bit