Instructions Chart of Accounts Journal Instructions On the first day of the fiscal year, a companyies a $2.250,000, 11% five-year bond that pays somiannual interest of $123,750 $2.250.000 x 11%) receiving cash of 52,205,310 Journal to the first interest payment and the amortization the related bond discount Hound to the nearest dolar Refer to the Chart al Accounts for exact wording of accounts Joumalore the first interest payment and the amortization of the related bond discount on June 30. Round to the nearest dolar. Refer to the Chart of Accounts for exact wording of Account thes. PAGE 10 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF DEBIT CREDIT ASSETS ALTES EQUITY 1 1