Alpha company uses the straight-line method for amortization of all bond premium & discounts. During FY 2016 Alpha had the following bond payable transaction:

-January 2, issued 10, $1,000 bonds at 102 1/2. These 5-year bonds are dated January 1, 2016. The contract interest rate is 6%. Interest is payable semi-annual on January 1 and July 1.

-July 1, Alpha issued $500,000 of 10%, 10-year bonds. These bonds are dated January 1, 2016, were issued at 88 1/2, and pay interest on July and January 1.

-October 1, Alpha issues 10-year bonds $10,000 face value bonds for $10,860 cash. The bonds have a stated rate of 8%. Interest is payable on October 1 and April 1.

Use this information to prepare General Journal entries for the three bonds issued and any

interest accruals and payments for the FY 2016. There are Three 12/31/16 transactions for the fiscal year accruals.