View Policies Current Attempt in Progress Blue Spruce Corp. has issued three different bonds during 2022. Interest is payable annually on each of these bonds. 1. On January 1, 2022. 1.200, 9%, 5-year, $1,000 bonds dated January 1, 2022, were issued at face value. 2. On July 1, $716,000, 10%, 5-year bonds dated July 1, 2022, were issued at 103. 3. On September 1, $325,000, 8%, 5-year bonds dated September 1, 2022, were issued at 97. Prepare the journal entry to record each bond transaction at the date of issuance. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Jan. 1 V Cash Bonds Payable July 11 v Cash Premium on Bonds Payable Bonds Payable Sept. 1 Cash Discount on Bonds Payable Bonds Payable eTextbook and Media List of Accounts Debit Credit 1200000 I 1200000