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Issuing Bonds at a Premium On the first day of the fiscal year, a company issues a $6,900,000, 6%, 9-year bond that pays semiannual interest

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Issuing Bonds at a Premium On the first day of the fiscal year, a company issues a $6,900,000, 6%, 9-year bond that pays semiannual interest of $207,000 ($6,900,000 x 6% x V), receiving cash of $7,395,191. Journalize the bond issuance. If an amount box does not require an entry, leave it blank

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