Issuing Bonds at a Premium On the first day of the fiscal year, a company issues a $5,100,000, 11%, 6-year bond that pays semiannual interest of $280,500 ($5,100,000 x 11% x W), receiving cash of $5,326,013. Journalize the bond issuance. If an amount box does not require an entry, leave it blank. Cash Premium on Bonds Payable Bonds Payable 89 Feedback 5