Issuing bonds at a discount On the first day of the fiscal yeac, a company issues a $8,100,000,6%,5 year bond that pays semiannual interest of $243,000($8,100,0006% h), roceving cash of $7,763,177. Journolite the bond issuance. If an amount box does not require an entry, leave it blank. Foochter rockurwak Bonds Payable is always recorded at tace value. Any difference in issue price is reflected in a premium or discount account