0.75/1 Sunland Company issued $580,000 of 10%, 15-year bonds on January 1. 2017, at face vale Interest is payable annually on January 1. -Your answer is partially correct Prepare the journal entry to record the isuance of the bonds.(Credit account titles are automatically Indented when Smount is entered. Do not Date Account Titles and Explanation Debit Credit Jan. 1, 2017 Cs 580000 Discount on Bends Payable 80000 eTextbook and Media List of Accounts Your answer is partially correct Prepare the journal entry to record the accrual of interest on December 31, 2017.(Credit account titles are automatically indented when omount is entered. Do mot indent mamually Date Account Titles and Explanation Debit Credit Dec. 31, 2017 Cash 58000 Interest Payable eTextbook and Media List of Accounts Your answer is partially correct Prepare the journal entry to record the payment of interest on January 1,2018 (Credit eccount titles are automaticelly indented when amount is entered. De aet indent manually Date Account Titles and Explanation Debit Credit 8000 Jan 1,2018 Interest Payable eTextbook and Media -Your answer ls partially correct Prepare the joumalentry to recordthe rederoionofthe bonds at maturity, assuming interest for the la" interest periodhat been pa dand reor are eutomotically indented when amount is entered. Do net indent manually Kredi,ace-fie Date Account Titles and Explanation Debit Credia Jan 1,2032 C eTextbook and Media List of Accounts