Bringham Company issues bond with par value of $800000 on their stated issued date. the bonds mature in 10 years and pay 6% annual interest in...

Bringham Company issues bond with par value of $800000 on their stated issued date. the bonds mature in 10 years and pay 6% annual interest in semiannual payments. on the issue date the annual market rate is 8%

prepare journal entry to record the bonds issuance