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Assume that the following are independent situations recently reported in the Woll Street Joumal. 1. General Electric (GE) 7% bonds, maturing January 28, 2023, were

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Assume that the following are independent situations recently reported in the Woll Street Joumal. 1. General Electric (GE) 7% bonds, maturing January 28, 2023, were issued at 111.12. 2. Boeing 7% bonds, maturing September 24,2037 , were issued at 99.08 . Prepare the journal entry to record the issue of each of these two bonds, assuming each company issued $800,000 of bonds in total. (Credit account titles are automatically Indented when amount is entered. Do not indent manually)

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