Cheyenne Corp. issues $4.60 million, 10-year, 12% bonds at 98, with interest payable annually on January 1. The straight-line method is used to amortize bond discount. (b) Prepare the adjusting journal entry to record interest expense and bond discount amortization on December 31, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit Dec. 31