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Brief Exercise 15-5 Frankum Company has issued three different bonds during 2017. Interest is payable annually on each of these bonds. 1. On January 1,

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Brief Exercise 15-5 Frankum Company has issued three different bonds during 2017. Interest is payable annually on each of these bonds. 1. On January 1, 2017, 1,600, 6%, 5-year, $1,200 bonds dated January 1, 2017, were issued at face value. 2. On July 1, $870,000,7%, 5-year bonds dated July 1, 2017, were issued at 103. 3. On September 1, $360,000, 5%, 5-year bonds dated September 1, 2017, were issued at 97. Prepare the journal entries to record each bond transaction at the date of issuance. (Credit account titles are automatically indented wher manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Sept. 1 Click if you would like to Show Work for this question: Qren Show Work

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