gnment 1 Your answer is partially correct. Try again. The balance sheet for Sandhill Consulting reports the following information on July 1, 2020. Long-term labiities 3,300,000 Bonds payable Less: Discount on bonds payable 165,000 $3,135,000 Sandhill decides to redeem these bonds at 102 after paying annual interest. Prepare the journal entry to record the redemption on July 1, 2020.(Credit account titles are automatically Indented when amount is entered. Do not Date Account Tities and Explanation uly 1 Bonds Payable Debit Credit 3300000 ss on Bond Redemption 16 Discount on Bonds Payable Open Show Warlk Click if you would like to Shew Work for this questions SHOW LEST OF ACCOUNTS