How do I journalize this problem?
Issued $8,000,000 of 10 year, 7% bonds at 110, with interest payable semiannually

We aren't here just to do your homework for you, but to help you understand it. I can't tell you how to journalize it until you have some dollar amounts. Do you know how to do that part?

(Hint: 110 means 110%.)