Assume that the following are independent situations recently reported in the Wall Street Journal.

1.		General Electric (GE) 7% bonds, maturing January 28, 2023, were issued at 110.50.
2.		Boeing 7% bonds, maturing September 24, 2037, were issued at 98.25.

Prepare the journal entry to record the issue of each of these two bonds, assuming each company issued $720,000 of bonds in total. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)