42) Callton, Inc., had a 6-year, 8%, $375,000 bonds ready to be sold on January 1, 20X3. The bonds will pay interest every June 30 and December 31. However, due to market conditions, the company did not sell the bonds until March 1, 20X3, at which time the bonds was issued at par.

Given the information presented above, prepare the appropriate journal entry for Callton, Inc., for each of the following dates:

a. January 1, 20X3

b. March 1, 20X3

c. June 30, 20X3

d. December 31, 20X3