Need help for 2 questions. I cannot understand the rate issues, so I hope you show the work for me...

1) On June 1, 2017 Alpha Company sells $1,400,000 face value of 9% five year bonds which call for semiannual interest payments. The bonds are dated April 1, 2017 so these bonds are issued between interest dates. The market rate at the date of issue is also 9%. For simplicity, use a 360-day year and 30 day months for all calculations.

a. Record the journal entries for the issuance of the bonds.

b. Record the journal entries for the first interest payment due on October 1, 2017. Assume that interest has not been accrued at each month end.

a. 7/1/17

account to debit

account to credit

account to credit

b. 10/1/17

account to debit

account to debit

account to credit

2) On April 1, 2017 Alpha Company sells $2,750,000 face value of 9% 10-year bonds which call for semiannual interest payments. The bonds are dated April 1, 2017 so these bonds are issued on an interest date. The bonds were priced at $2,936,876 and had a market rate at the date of 8%. Use the straight line method of amortization of any bond premium or discount. For simplicity, use a 360-day year and 30 day months for all calculations.

a. Record the journal entries for the issuance of the bonds.

b. Record the journal entries for the first interest payment due on October 1, 2017. Assume that interest has not been accrued at each month end.

a. 4/1/17

account to debit

account to debit

account to credit

b. 10/1/17

account to debit

account to credit

account to credit