Issuing bonds at face amount On January 1, the first day of the fiscal year, Designer Fabric Co. issues a $750,000, 8%, 10-year bond that pays semiannual interest of $30,000 ($750,000 8% x year), receiving cash of $750,000. a. Journalize the entry to record the issuance of the bonds. If an amount box does not require an entry, leave it blank. B b. Journalize the entry to record the first interest payment on June 30. If an amount box does not require an entry, leave it blank. D c. Journalize the entry to record the payment of the principal on the maturity date. If an amount box does not require an entry, leave it blank.