On August 1 , Clayton Co. Issued $1,300,000 of 9%,20-year bonds, dated August 1 , for $1,225,000. Interest is payable semiannually on February 1 and August 1. The fiscal year of the company is the calendar year. Journalize the following transactions for the current year: a. Issuance of the bonds. If an amount box does not require an entry, leave it blank. b. Accrual of interest on December 31 and amortization of the bond discount for the first year using the straight-line method (as separate entries). If an amount box does not require an entry, leave it blank. Do not round intermediate calculations and round your final answers to the nearest