Exercise 10-10 Oriole Company issued $440,000, 10-year, 5% bonds at 102. Prepare the journal entry to record the sale of these bonds on January 1, 2017. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Jan. 1 Debit Credit Suppose the remaining Premium on Bonds Payable was $5,280 on December 31, 2020. Show the balance sheet presentation on this date. ORIOLE COMPANY Balance Sheet (Partial)