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Issuing Bonds at a Premium On the first day of the fiscal year, a company issues a $7,800,000,7%, 10-year bond that pays semiannual interest of

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Issuing Bonds at a Premium On the first day of the fiscal year, a company issues a $7,800,000,7%, 10-year bond that pays semiannual interest of $273,000 ($7,800,000 x 7% x V), receiving cash of $9,015,955 Journalize the bond issuance. If an amount box does not require an entry, leave it blank

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