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On the first day of the fiscal year, a company issues a $6, 700,000, 11%, 4-year bond that pays semiannual interest of $368, 500 ($6,

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On the first day of the fiscal year, a company issues a $6, 700,000, 11%, 4-year bond that pays semiannual interest of $368, 500 ($6, 700,000 times 11% times 1/2), receiving cash of $6, 916, 516. Hide Journalize the bond issuance. If an amount box does not require an entry, leave it blank

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