see attach files. need help with this classwork assignment.

Flotsam Corporation had the following bond transactions during the fiscal year 2015: a. On January 1: issued ten (10), $1,000 bonds at 102. The 5-year bonds, is dated January 1, 2015. The contract interest rate is 5%. Straight-line amortization method is used. Interest is payable semi-annual on January 1 and July 1. b. On July 1: Flotsam Corporation issued $500,000 of 10%, 10-year bonds. The bonds dated January 1, 2015 were issued at 88.5, and pay interest on July 1 and January 1. Effective interest rate method is used for these bonds is 12%. c. On October 1: issued 10-year bonds $10,000 face value bonds, for $10,853 cash. The bonds have a stated rate of 9%, but an effective rate of 6%. Effectiveinterest method is used. Interest is payable on October 1 and April 1. Requirements: Prepare all general journal entries for the three bonds issued and any interest accruals and payments for the fiscal year 2015. (Round all calculations to nearest whole dollar.) Date Account Debit Credit