par value 1000*600=600000

FINANCIAL ACCOUNTING II The JJJ Company has a fiscal year that ends on May 31st On September 1, 2015, JJJ authorized $800,000 of 8-year bonds, at 6% interest, with interest payable to bondholders each August 31st. On March 1, 2017, JJJ issued 600 of the bonds at a premium and received a total of $649,200 in exchange. JJJ records amortization in its records only at interest payment dates and at its fiscal year-end. Prepare all journal entries relating to the company's bonds during the period September 1, 2015 through August 31, 2017