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Issuing Bonds at a Premium On the first day of the fiscal year, a company issues a $4,200,000, 10%, 6-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 $4,200,000, 10%, 6-year bond that pays semiannual interest of $210,000 $4,200,000 x 10% x 12), receiving cash of $4,594,173. Journalize the bond issuance. If an amount box does not require an entry, leave it blank

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