Hello,

Please help, thank you so much!

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:	$780,000
Sale price of bonds:	101
Denomination of bonds:	$1,000
Life of bonds:	10 years
Stated rate:	8%, payable semiannually on August 31 and February 28

Required:

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