On January 1, 2017, Candlestick, Inc. sells $100,000, five-year, 10 % bonds for 92.639% of face value. On the other hand the same company sells 108.111% of face value on July 1, 2017. Pass the necessary journal entry for issuance of bonds. (3 Points) 2.A company is authorized to issue 800,000 shares of $6 par value common stock. Prepare journal entries to record the following selected transactions that occurred during the company's first year of operations: (3 Points) March. 8Sold 110,000 shares of common stock for $9 cash per share March 12|Exchanged 12,000 shares of common stock for equipment with a market value of $90,000