Bonds Issued at a Premium

Bunkichi Corporation issued the following bonds at a premium:

Date of issue and sale: March $1,20-1$

Principal amount: $,$$$800,000$

Sale price of bonds: $,103$

Denomination of bonds: $$1,000$

Life of bonds:

$10$ years

Stated rate:

$8\%,$ payable semiannually on August $31$ and February $28$

Required:

Prepare journal entries for the activities listed below. If required, round your $$nswers to two decimal places.

$($a$)$ Issuance of the bonds at a premium.

Page: