Frankum Company has issued three different bonds during 2014. Interest is payable semiannually on each of these bonds.
1. On January 1, 2014, 1,000, 8%, 5-year, $1,000 bonds dated January 1, 2014, were issued at face value.
2. On July 1, $900,000, 9%, 5-year bonds dated July 1, 2014, were issued at 102.
3. On September 1, $400,000, 7%, 5-year bonds dated September 1, 2014, were issued at 98.
Prepare the journal entry to record each bond transaction at the date of issuance.