on the first day of the fiscal year, a company issues a $1,000,000, 7%, 5-year bond that pays semiannual interest of $35,000 ($1,000,000 x 7% x 1/2), receiving cash of $884,171, The journal entry to record the issuance of the bonds includes a. debit to bond discount of $155,829 b. debit to bonds payable $1,000,000 c. credit to bonds discount of $115,829 d. credit to cash $884,171