Journalize issuance of the bond and the first semiannual interest payment under each of the three assumptions. the company amortizes bond premium and discount by the effective-interest amortization method. explanations are not required. (record debits first, then credits. exclude explanations from any journal entries. round your final answers to the nearest whole dollar.) assumption 1. ten-year bonds payable with face value of $ 84 comma 000 and stated interest rate of 10%, paid semiannually. the market rate of interest is 10% at issuance. the present value of the bonds at issuance is $ 84 comma 000. journalize the issuance of the bonds when the market interest rate is 10%.