Swanson Corporation issued $8 million of 20-year, 8 percent bonds on April 1, 2011, at 102. Interest is due on March 31 and September 30 of each year, and all of the bonds in the issue mature on March 31, 2031. Swanson's fiscal year ends on December 31. Prepare the following journal entries:

a. Prepare the journal entry at April 1, 2011, to record the issuance of the bonds. (Omit the "$" sign in your response.)