Entries for Issuing Bonds and Amortizing Discount by Straighe-Lieehou On the first day of its fiscal year, Chin Company issued $18,100, 7%, resulting in Chin Company receiving cash of $17,347,371 a. Journalize the entries to record the following: 000 of five-year, 6% bonds to finance its operations of producing and nt products. Interest is payable semiannually. The bonds were issued at a market (effective) interest rateof 1. Issuance of the bonds. semiannual interest payment. The bond discount amortization, using the straight-line method, is combined with the semiannual interest payment. (Round your answer to the nearest dollar.) 3. Second semiannual interest payment. The bond discount amortization, using the straight-line method, is combined with the semiannual interest payment. (Round your answer to the nearest dollar.) For a compound transaction, if an amount box does not require an entry, leave it blank. Round your answers to the nearest 1. 2. 3. 853 P