Entries for issuing bonds and amortizing premium by straight-line method cash of $4,115,658. Interest is payable semiannually on April 1 and October 1. a. Journalize the entry to record the issuance of bonds on April 1, 20Y1. If an amount box does not require an entry, leave it blank. an amount box does not require an entry, leave it blank. c. Why was the company able to issue the bonds for $4,115,658 rather than for the face amount of $3,700,000 ? The market rate of interest is the contract rate of interest