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On the first day of the fiscal year, a company issues a $8,000,000,6%,9-year bond that pays semiannual interest of $240,000 ( $8,000,0006%. 15), receiving cash

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On the first day of the fiscal year, a company issues a $8,000,000,6%,9-year bond that pays semiannual interest of $240,000 ( $8,000,0006%. 15), receiving cash of $8,574,135. Journalize the bond issuance. If an amount box does not require an entry, leave it blank

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