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Prepare the journal entry to record the issuance of the bonds, (Credit account tities are...

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Accounting

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Prepare the journal entry to record the issuance of the bonds, (Credit account tities are autornatically indented when anount is entered Do not indent manualiy). Prepare the journal entry to record the payment of interest and the discount amortization on December 31, 2022, iCredit account titles are outomatically indented when amount is entered. Do not indent manualify Prepare the journal entry to record the redemption of the bonds at maturity, assuming interest for the last interest period has been paid and recorded. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Sunland Company issued $580,000,6%,20-year bonds on January 1, 2022, at 103. Interest is payable annually on January 1. Sunland uses straight-line amortization for bond premium or discount. (a) Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

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