eBook Show Me How Print Item Issuing Bonds at a Premium On the first day of the fiscal year, a company issues a $6,100,000, 8%, 5-year bond that pays semiannual interest of $244,000 ($6,100,000 x 8% x ), receiving cash of $6,353,656. Journalize the bond issuance. If an amount box does not require an entry, leave it t ave it blank.