On the first day of the fiscal year, a company issues a $2,100,000, 8%, 8-year bond that pays semiannual interest of $84,000 ($2,100,000 8% ), receiving cash of $1,872,405.

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 -