Exercise 15-04 a-d (Part Level Submission) Sheridan mpany SR ed $455.000 of 8%, 10-year bonds on January 1, 2020, at face value. Iterest is payable annually on January i, v (a) Your answer is correct. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automati cally indented when amount is entered. Do not indent Debit Credit lan. 1, 2020 455 Bonds Payable 455,000 Attempts: 2 of 3 used Y (b) Your anawer is correct. Prepare the journal entry to record the accrual of interest on December 31, 2020. (Credit account titles are automaticolly indented when amount is entered. Do not indent manually.) Date Dec. 31 Account Tides and Explanation Debit Credit 36400 Interest Payable 36400 Attemptsz 1 of 3 used Y (c) Prepare the journal entry to record the payment of interest on January 1, 2021. (redit account tiRfes are automatically indented when amoont is entered. Do mat Debia Credit lan. 1, 2021 Attempts: 0 of 3 used SAVE FOR LATER must be completed in order. This part will be available when you complete the part above. up 12 nprt sc 144