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On the first day of the fiscal year, a company issues a $8,000,000,12%,10-year bond that pays semannual interest of 5460,000 ( 58,000,00012%. ) , receiving

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On the first day of the fiscal year, a company issues a $8,000,000,12%,10-year bond that pays semannual interest of 5460,000 ( 58,000,00012%. ) , receiving canhi of 5,559,260 Journalize the bond issuance. If an ampunt bok does not require an entry, leave it blank

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