Instructons On the first day of the fiscal year, a company issues a $2,250,000, 12%, live your bond that pays semiannual interest of $135,000 ($2,250,000 x 12% *), receiving cash of $2 379,360 Joumalize the first interest payment and the amortization of the related bond premium Round to the nearest domar. Herer to the Chart of Accounts for exact wording of account to Chart of Accounts ournal Shaded cells have feedback. PAGE 10 JOURNAL Score: 32/37 ACCOUNTING EQUATION DATE DESCRIPTION POST REF DEBIT ASSETS LABILITIES EQUITY CREDIT 135,000.00 1 Jun 30 Cach . 2 122.064.00 1 Interest Expense Premium on Bonds Payable 12,936.00 Points 6.05/7