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2 Fidelity Investments R eBook Show Me How Print Item Issuing Bonds at a Premium...

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2 Fidelity Investments R eBook Show Me How Print Item Issuing Bonds at a Premium On the first day of the fiscal year, a company issues a $1,600,000, 9%, 5-year bond that pays semiannual interest of $72,000 ($1,600,000 x 9% x 12), receiving cash of $1,733,066. Journalize the bond issuance. If an amount box does not require an entry, leave it blank

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