Issuing bonds at a discount On the first day of the fiscal year, a company issues a $8,300,000, 6%, 5-year bond that pays semiannual interest of $249,000 ($8,300,000 6% ), receiving cash of $7,314,867. Journalize the bond issuance. If an amount box does not require an entry, leave it blank. blankAccountDebitCredit blank Cash Discount on Bonds Payable Bonds Payable 8,300,000