Issuing Bonds at a Face Amount company issues a $550,000, 6% , 10-year bond that pays semiannual interest of $16,500 ($550,000 x 6 % On January 1, the first day of the fiscal year, % year), receiving cash of $550,000. the bonds. (a) Journalize the entry t record the issuance (b) Journalize the entry record the first interest payment on June 30. (c) Journalize the entry to record the payment the principal on the maturity date