Global Inventors Inc. issued a $100,000, 10%, three-year bond. Interest is to be paid semiannually and March 1, and September 1. The bond issue price assuming a market interest rate of 12% on the date of issue September 1, 2021, and the company received $95,082.68

Record the following entries:

Issuance of the bonds on Sep 1, 2021

Year-end adjusting entry on December 31, 2021

Payment of interest on March 1, 2021

Please explain in detail and type or write as neatly as you can.