Current Attempt in Progress Your answer is partially correct. On January 1, 2020, Sheridan Corporation issued $670,000 of 9% bonds, due in 10 years. The bonds were issued for $715,529, and pay interest each July 1 and January 1. The effective-interest rate is 8% Prepare the company's journal entries for (a) the January 1 issuance, (b) the July 1 interest payment, and (c) the December 311 adjusting entry. Sheridan uses the effective-interest method. (Round intermediate calculations to 6 decimal places, es 1.251247 and final answer to O decimal places, e.g. 38,548. If no entry is required, select "No Entry" for the account titles. and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do hot indent manually.) No. Date Account Titles and Explanation (a) Jan. 1.2020 : cash (b) Discount on Bonds Payable Bonds Payable July 1,2020 Interest Expense Debit 628252 41748 31413 Credi No. Date Account Titles and Explanation Debit (a) Jan. 1, 2020 cash Discount on Bonds Payable Bands Payable (b) July 1, 2020 Interest Expen Discount on Bonds Payable tash (c) Dec 31, 2020 : intere Discount on Bonds Payable Interest Payable 628252 41748 31413 31476 Cred