On January 1 , the first day of the fiscal year, a company issues a $1,550,000,12%, five-year bend that pays semiannuarinterestor $95,000 ts 4), receiving cash of $1,503,140 Required: Joumalize the first interest payment and the amortization of the related Dond discount Refer to the chart of accounts for the exact wording of the account tales CNOW journals do not use ines for joumal explanations. Every line on a joumal page is used for deot or credir entries, CNOW journals will automatically indent a credit entry when a credt amount is entered Joumalize the first interest payment and the amortizaton of the related bond discount. Refer to the chart of accounts for the exact inording of the account tates. CNOW joumais do not use lines for joumal explanations. Every filhe on a journal page is used for debit or credit enthes Civow joumais wil autamatically indent a crech enty wher. a credh amount is entered On January 1 , the first day of the fiscal year, a company issues a $1,550,000,12%, five-year bend that pays semiannuarinterestor $95,000 ts 4), receiving cash of $1,503,140 Required: Joumalize the first interest payment and the amortization of the related Dond discount Refer to the chart of accounts for the exact wording of the account tales CNOW journals do not use ines for joumal explanations. Every line on a joumal page is used for deot or credir entries, CNOW journals will automatically indent a credit entry when a credt amount is entered Joumalize the first interest payment and the amortizaton of the related bond discount. Refer to the chart of accounts for the exact inording of the account tates. CNOW joumais do not use lines for joumal explanations. Every filhe on a journal page is used for debit or credit enthes Civow joumais wil autamatically indent a crech enty wher. a credh amount is entered