Gordon Company issues $10,000,000 of bonds with a coupon rate of 8%. To help the sale, detachable stock warrants are issued at the rate of ten warrants for each $1,000 bond sold. It is estimated that the value of the bonds without the warrants is $9,750,000 and the value of the warrants is $450,000. The bonds with the warrants sold at 101.

What is the journal Entries?