Instructions Chart of Accounts Instructions Journal On the first day of the fiscal year, a company issues a $1,800,000, 4%, five-year bond that pays semiannual interest of $36,000 ($1,800,000 x 4% x 1), receiving cash of $1,992.170. Journalize the bond issuance on January 1. Refer to the Chart of Accounts for exact wording of account titles