On the first day of the fiscal year, a company issues a $4,200,000, 7%, 7-year bond that pays semiannual interest of $147,000 ($4,200,000 7% ), receiving cash of $3,576,384.

Journalize the entry to record the issuance of the bonds. If an amount box does not require an entry, leave it blank.

blank	Accounts PayableBonds PayableCashInterest ExpensePremium on Bonds Payable	- Select -	- Select -
	Accounts PayableBonds PayableDiscount on Bonds PayableInterest ExpensePremium on Bonds Payable	- Select -	- Select -
	Accounts PayableBonds PayableCashInterest ExpensePremium on Bonds Payable	- Select -	- Select -