Current Attempt in Progress

Sheridan Company has issued three different bonds during $2022.$ Interest is payable annually on each of these bonds.

On January $1,2022,1,200,7\%,5-$year, $$1,000$ bonds dated January $1,2022,$ were issued at face value.

On July $1,$$$885,000,8\%,5-$year bonds dated July $1,2022,$ were issued at $102.$

On September $1,$ $$375,000,6\%,5-$year bonds dated September $1,2022,$ were issued at $97.$

Prepare the journal entries to record each bond transaction at the date of issuance. $($Credit account titles are automatically indented when

amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.$)$

Date Account Titles and Explanation

Debit

Credit