The following transactions are taken from the records of the Elton Corporation. Prepare journal entries for the transactions for the following:

a. Bonds payable with a par value of $800,000, carrying a stated interest rate of 9% payable semiannually on March 1 and September 1, were issued on June 1, 2014, at 102.5 plus accrued interest. The bonds are dated March 1, 2014 and mature on March 1, 2024.

b. September 1 interest payment is made. (Bond premium amortization is recorded only at year end.)

c. Year-end (December 31) accrued interest on bonds payable is recorded and the bond premium is amortized using the straight-line method.

d. March 1 interest payment is made.