Thomson Co. produces and distributes semiconductors for use by computer manufacturers. Thomson issued $1,200,000 of 10 -year, 8% bonds on May 1 of the current year at face value, with interest payable on May 1 and November 1 . The fiscal year of the company is the calendar year. Journalize the entries to record the above selected transactions for the current year. If an amount box does not require an entry, leave it blank. Bonds Payable Cash Interest Expense Interest Payable Premium on Bonds Payable