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On January 1, a company issues a $1,225,475,5%. 6 - Year bond that pays semiannual interest, receiving cash of $1,243,857. Part 1. Jobrnalize the entry

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On January 1, a company issues a $1,225,475,5%. 6 - Year bond that pays semiannual interest, receiving cash of $1,243,857. Part 1. Jobrnalize the entry to record the issuance of the goods Part 2. Journalize the first interest payment and the amortization of the related bond discount/premiun Using the straight-line method. Round answers to the nearest dollar

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