tssuing Bonds at a Discount On the first day of the fiscal vear, a company issues a $4,200,000,10%, five-year bond that pays semiannual interest of $210,000($4,200,00010%3). recelving cash of $4,041,710. Joumalize the entry to record the issuance of the bonds. If an ambunt box does not require an entry. leave it blank. T Check My Wos Bonds Payble as ahwas reconded at face value. Any diflerence in issue price is reflected in a premium or discourt account