Instructions Cramer Corp. Issued $20,000,000 of 5-year, 9% bonds at a market (effective) interest rate of 10%, receiving cash of $19,227,757. Interest on the bonds is payable semiannually. Required: Journalize the entry to record the first semiannual interest payment, and the amortization of the band discount, using the interest method? Round your answers to the nearest dollar amount. Refer to the Chart of Accounts for exact wording of account titles. Journalize the entry to record the first semiannual interest payment, and the amortization of the bond discount on December 31 using the interest your answers to the nearest dollar amount. Refer to the Chart of Accounts for exact wording of account titles JOURNAL DATE ACCOUNTING DESCRIPTION POST. REF. DEBIT CREDIT ASSETSASUT