answer the questions

Assume that the following are independent situations recently reported in the Wall Street Joumal. 1. General Electric (GE) 7% bonds, maturing January 28,2026 , were issued at 111.90 . 2. Boeing 7% bonds, maturing September 24,2040 , were issued at 98.95 . Were GE and Boeing bonds issued at a premium or a discount? The General Electric bonds were issued at a and the Boeing bonds were issued at a eTextbook and Media List of Accounts Prepare the journal entry to record the issue of each of these two bonds, assuming each company issued $860,000 of bonds in total. (tist alf debit entries before credit entries, Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry* for the account titles and enter O for the amounts.)