Exercise 10-10 (Video) on January 1, 2020, Cheyenne Corp. Issued $295,500,8%, 5-year bands at face value. Interest is payable annually on January 1. 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.) Debit Credit Date Account Titles and Explanation Jan. 1 (b) Prepare the journal entry to record the accrual of Interest 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 Indent manually.) Prepare the foumal entry to record the payment of interest on January 1, 2021. (Credit account titles are automatically indented when amount is entered. Do not Date Account Tities and Explanation Credit Debit Jan. 1