Help System Announcements PRINTER VERSION 4 BACK NEXT ES Brief Exercise 15-5 Your answer is partially correct. Try again. Frankum Company has issued three different bonds during 2017. Interest is payable annually on each of these bonds. 1. On January 1, 2017, 1,000, 9%, 5-year, $1,000 bonds dated January 1, 2017, were issued at face value. 2. On July 1, $820,000, 10%, 5-year bonds dated July 1, 2017, were issued at 101. 3. On September 1, $210,000, 8%, 5-year bonds dated September 1, 2017, were issued at 98. Prepare the journal entries to record each bond transaction at the date of issuance. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Help System Announcements PRINTER VERSION 4 BACK CES Prepare the journal entries to record each bond transaction at the date of issuance. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Jan. 1 v Cash 1,000,000 Bonds Payable 1,000,000 X July 1 Cash 820,000 dy Bonds Payable 811,881 x Premium on Bonds Payable 8,119 x! Sept. 1 Cash 210,000 x Discount on Bonds Payable 4,285 Bonds Payable 214,285 Click if you would like