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Syllabus for ACCTG 001 : Intro Ac x My Home x CengageNOWv2 | Online teachin X * Course Hero n/ilm/takeAssignment/takeAssignmentMain.do?invoker =&takeAssignmentSessionLocator =&inprogress=false Incogn Calculator On the first day of the fiscal year, a company issues a $573,000, 8%, 10-year bond that pays semiannual interest of $22,920 ($573,000 x 8% x 1/2), receiving cash of $601,700. Journalize the entry to record the first interest payment and amortization of premium using the straight-line method. If an amount box does not require an entry, leave it blank. Previous Next >