now 100 HOW Print Item Issuing bonds at a discount Instructions Chart of Accounts Instructions Journal On the first day of the fiscal year, a company issues a $1,550,000, 12%, five-year bond that pays semiannual interest of $93,000 ($1,550,000 x 12% x W), receiving cash of $1,503.140 Joumalize the bond issuance on January 1. Refer to the Chart of Accounts for exact wording of account titles