2nd - Ch 11 and App D Ex Premium amortization Instructions Chart of Accounts Journal Instructions On the first day of the fiscal year, a company issues a $2,250,000, 12%, five-year bond that pays semiannual interest of $135,000 ($2,250,000 x 12% x ), receiving cash of $2,379,360. Journalize the first interest payment and the amortization of the related bond premium. Round to the nearest dollar. Refer to the Chart of Accounts for exact wording of account titles. Journal > Chart of Accounts ASSETS Journalize the first interest payment and the amortization of the related bond premium on June 30. Round to the nearest dollar. Refer to the Chart of Accoun wording of account titles. DATE DESCRIPTION 1 2 Check My Work 1 more Check My Work uses remaining. JOURNAL 110 Cash 111 Petty Cash 121 Accounts Receivable 122 Allowance for Doubtful Accou 126 Interest Receivable ACCOUNTING E 127 Notes Receivable POST. REF. DEBIT CREDIT ASSETS LIABILITIE 131 Merchandise Inventory 141 Office Supplies 191 Land 194 Office Equipment Previous Next >>