Instruction Chart Of Accounts General Journal Instruction On the first day of the fiscal year, a company issues a $930,000, 7%, 5-year bond that pays semiannual interest of $32,550 (8930,000 x 7% * 1/2), receiving cash of $884,175. Required: Journalize the entry to record the issuance of the bonds. Refer to the Chart of Accounts for exact wording of account bikes. General Journal Journalize the entry to record the issuance of the bonds on July 1. Refer to the Chart of Accounts for exact wording of account files. PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST, REF DEBIT CREDIT ASSETS LIABILITIES EQUITY 1 3