Instruction Instructions On the first day of the fiscal year, a company issues an $2,250,000, 12%, five-year bond that pays semiannual interest of $135,000 ($2,250,000 x 12% x V2), receiving cash of $2,379,360. Journalize the bond issuance on January 1. Refer to the Chart of Accounts for exact wording of account titles. Journal Journalize the bond issuance on January 1. Refer to the Chart of Accounts for exact wording of account titles. JOURNAL DATE DESCRIPTION POST. REF. DEBIT Previous Next Check My Work