Entries for issuing and calling bonds; loss Hoover Corp., a wholesaler of music equipment, issued $10,000,000 of 20-year, 5% callable bonds on March 1, 20Y2, at their face amount, with interest payable on March 1 and September 1. The fiscal year of the company is the calendar year. Journalize the entries to record the following selected transactions: 20Y2 Date Transaction March 1 Issued the bonds for cash at their face amount. September 1 Paid the interest on the bonds. 20Y4