Ratzlaff Company issues C = 2 million, 10-year, 8% bonds at 97, with interest payable on July

Question:

Ratzlaff Company issues C = 2 million, 10-year, 8% bonds at 97, with interest payable on July 1 and January 1.
Instructions
(a) Prepare the journal entry to record the sale of these bonds on January 1, 2012.
(b) Assuming instead that the above bonds sold for 104, prepare the journal entry to record the sale of these bonds on January 1, 2012.