Do all of the journal entries please!

Assume that on February 1, 2018, Atlantic Corp. issues 5 percent, 10-year bonds payable with a maturity value of $1,200,000. The bonds pay interest on January 31 and July 31, and Atlantic amortizes any premium or discount using the straight-line method. Atlantic's fiscal year end is December 31. Read the requirements. ..... a. Issuance of the bonds on February 1, 2018. Journal Entry Date Accounts Debit Credit Feb 1, 2018 Cash 1,272,000 Premium on bonds payable 72,000 Bonds payable 1,200,000 b. Payment of interest and amortization of premium on July 31, 2018. Journal Entry Date Accounts Debit Credit Jul 31, 2018 Interest expense Premium on bonds payable Cash 30,000 Requirements 1. If the market interest rate is 4 percent when Atlantic Corp. issues its bonds, will the bonds be priced at par, at a premium, or at a discount? Explain. 2. If the market interest rate is 6 percent when Atlantic Corp. issues its bonds, will the bonds be priced at par, at a premium, or at a discount? Explain. 3. Assume that the issue price of the bonds is $1,272,000. Journalize the following bonds payable transactions (round amounts to the nearest dollar): Issuance of the bonds on February 1, 2018 b. Payment of interest and amortization of premium on July 31, 2018 Accrual of interest and amortization of premium on December 31, 2018 d. Payment of interest and amortization of premium on January 31, 2019 a. C. Adam, Inc., issued $100,000 of 15-year, 6 percent bonds payable on January 1. Adam, Inc., pays interest each January 1 and July 1 and amortizes any discount or premium by the straight-line method. Adam, Inc., can issue its bonds payable under various conditions: (Click the icon to view the conditions.) Read the requirements. ..... Requirement 1. Journalize Adam's issuance of the bonds and first semiannual interest payment for each situation. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) a. Record the issuance of the bonds payable at par value. Journal Entry Date Accounts Debit Credit Jan 1 - More Info a. Issuance at par value b. Issuance at a price of $90,000 when the market rate was above 6 percent Issuance at a price of $ 105,000 when the market rate was below 6 percent C. Print Done