Entries for Issuing and Calling Bonds; Loss Hoover Corp. a wholesaler of music equipment, issued $10,200,000 of 10 -year, 13% callable bonds on March 1 , 20 or2, at their face amount, with interest payable on March 1 and September 1 . The fiscal year of the company is the calendar year 2012 Mar. 1 Issued the bonds for cash at their face amount. Sept, 1 Paid the interest on the bonds. 20Y4 Sept. I Called the bond issue at 102, the rate provided in the bond indenture. (Omit entry for payment of interest.) If an amount box does not require an entry, leave it blank. Journalize the entries to record the above selected transactions. Issued the bonds for cash at their foce amount. 20 y Mar. 1 Fopenack roned My woek thonds payable is aiways recorded at face value. Paid the interest on the bonds. 20 2. Sept. 1 Paid the interest on the honds 2 Feedback T Check My Work The semiannual cash payment to bondholders is the interest expense when bonds are sold at face value. Called the bond issue at 102 , the rate provided in the bond indenture. (Omit entry for payment of interest.)