Chapter 14 Long-Term Liabilities: Bonds and Notes 705 0BJ.3 p685 PE 14-4B Discount amortization Using the bond from Practice Exercise 14-3B, journalize the first interest payment and the amortization of the related bond discount. Round to the nearest dollar. OB) EE 14-5 p 685 PE 14-5B Issuing bonds at a premium OBJ. 3 how Me ow On the first day of the fiscal year, a company issues an $8,000,000, 11%, five-year bond that pays semiannual interest of $440,000 ($8,000,000 11% %), receiving cash of $8,308,869. Journalize the bond issuance p.687 PE 14-6B Premium amortization OBJ.3 Using the bond from Practice Exercise 14-5B, journalize the first interest payment and the amortization of the related bond premium. Round to the nearest dollar. OBJ. 3 1-7 p 688 PE 14-7B Redemption of bonds payable 1,200,000 bond issue on which there is an unamortized premium of $63,956 is re- deemed for $1,250,000. Journalize the redemption of the bonds. OBJ. 4