Issuing Bonds at a Discount On the first day of the fiscal year, a company issues a $5,300,000, 10%, 9-year bond that pays semiannual interest of $265,000 (65,300,000 X 10%), receiving cash of $5,001,979. Journalize the entry to record the issuance of the bonds. If an amount box does not require an entry, leave it blank. OD