On the first day of the fiscal year, a company issues a $6,000,000, 12%, 10-year bond that pays semiannual interest of $360,000 ($6,000,000 ? 12%

On the first day of the fiscal year, a company issues a $6,000,000, 12%, 10-year bond that pays semiannual interest of $360,000 ($6,000,000 � 12% � ½), receiving cash of $5,364,358. Journalize the 0 answers