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Instruction On the first day of the focal year, a company issues an $380,000, 71,5 year bond that pays semanal terest of 1000 7% 12),

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Instruction On the first day of the focal year, a company issues an $380,000, 71,5 year bond that pays semanal terest of 1000 7% 12), receiving cach of 5357,200 Required: Journake the enty to record the first test payment and the amortization of the related bord decourt and the Chart of Accounts for exact wording of account General Journal How do JOURNAL Score: 22/37 ACCOUNTING EQUATION ge CHE A TS COUNTY Dec 31 352,200.00 Discount on Bonds Pay 22.800.00 Sonde more Checy W eremang

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