These questions are all related: Question 1 The Colson Company issued $300,000 of 10% bond on January 1, 2017. the Bonds are due January 1, 2022, with interest payable each July 1 and January 1. The Bonds are issued at face value. Prepare Colson's journal entries for (a) the January issuance, (b) the July 1 interest payment and (c) the December 31 adjusting entry. Question 2: Assume the bonds in question 1 were issued at 98. Prepare the journal entries for (a) January 1, (b) July 1, and (c) December 31. Assume The Colson Company records straight line amortization semiannually. Question 3 Assume the bonds in question 3 were issued at 103. Prepare the journal entries for (a) January 1, (b) July 1, and (c) December 31. Assume the Colson Company records straight line amortization semiannually.