Entries for issuing bonds and amortizing premium by straight$-$line method semiannually on April $1$ and october $1.$

a$.$ Journalize the entry to record the issuance of bonds on April $1,20$Y$1.$ If an amount box does not require an entry, leave it blank.

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$($c$)$

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c$.$ Why was the company able to issue the bonds for $$20,811,010$ rather than for the face amount of $$20,000,000?$

$$ the contract rate of interest.

The market rate of interest is $$