Issuing Bonds at a Premium On the first day of the fiscal year, a company issues a $1,200,000, 6%, 8-year bond that pays semiannual interest of $36,000 ($1,200,000 x 6% x 1/2), receiving cash of $1,454,364. Journalize the bond issuance. If an amount box does not require an entry, leave it blank.

Issuing Bonds at a Premium On the first day of the fiscal year, a company issues a $4,400,000, 10%, 8-year bond that pays semiannual interest of $220,000 ($4,400,000 × 10% × ½), receiving cash of $4,647,147. Journalize the bond issuance. If an amount box does not require an entry, leave it blank. accounts payable/bonds payable/cash/discounts on bonds payable/interest expense/premium on bonds payable/

Issuing Bonds at a Discount On the first day of the fiscal year, a company issues a $8,800,000, 11%, 5-year bond that pays semiannual interest of $484,00 ($8,800,000 x 11% x %2), receiving cash of $8,476,157. Journalize the bond issuance. If an amount box does not require an entry, leave it blank.

Issuing Bonds at Face Amount On January 1, the first day of the fiscal year, Designer Fabric Inc. issues a $550,000, 10%, 10-year bond that pays semiannual interest of $27,500 ($550,000 × 10% × ½ year), receiving cash of $550,000. (a)  Journalize the entry to record the issuance of the bonds. If an amount box does not require an entry, leave it blank.                 (b)  Journalize the entry to record the first interest payment on June 30. If an amount box does not require an entry, leave it blank.                 (c)  Journalize the entry to record the payment of the principal on the maturity date. If an amount box does not require an entry, leave it blank.