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On the first day of the fiscal year, a company issues a $8,100,000, 6%, 8-year bond that pays semiannual interest of $243,000 ($8,100,000 6% ),
On the first day of the fiscal year, a company issues a $8,100,000, 6%, 8-year bond that pays semiannual interest of $243,000 ($8,100,000 6% ), receiving cash of $9,199,795. Journalize the bond issuance. If an amount box does not require an entry, leave it blank.
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