On January 1, the first day of the fiscal year, a company issues a $1,200,000, 9%, five-year bond that pays semiannual interest of $54,000 ($1,200,000 9% ), receiving cash of $1,153,670. Journalize the bond issuance. Refer to the Chart of Accounts for exact wording of account titles.

On January 1, the first day of the fiscal year, a company issues a $1,200,000, 9%, five-year bond that pays semiannual interest of $54,000 ($1,200,000 9% ), receiving cash of $1,153,670. Journalize the bond issuance. Refer to the Chart of Accounts for exact wording of account titles.

Please post in the following format:

Excel 14 1. 15 16 17 18 19 20 21 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 2016 July 1 Cash Discount on Bonds Payable Bonds Payable Oct. 1 Cash Notes Payable Dec. 3 nterest Expense Interest Payable nterest Expense Discount on Bonds Payable ncome Summary Interest Expense 2017 June 30 nterest Expense Discount on Bonds Payable Sept. 30 Notes Payable nterest Expense nterest Payable Dec. 3 nterest Expense Interest Payable nterest Expense Discount on Bonds Payable ncome Summary Interest Expense 2018 June 30 Bonds Payable on Redemption of Bonds Discount on Bonds Payable Sept. 30 Notes Payable