Using the bond from Practice Exercise 14-5A, journalize the first interest payment and the amortization of the

Question:

Using the bond from Practice Exercise 14-5A, journalize the first interest payment and the amortization of the related bond premium. Round to the nearest dollar.
In exercise
On the first day of the fiscal year, a company issues a $7,500,000, 8%, five-year bond that pays semiannual interest of $300,000 ($7,500,000 × 8% × ½), receiving cash of $7,811,873. Journalize the bond issuance.