On January 1, 2019, Sandhill issued 10-year, $200,000 face value, 6% bonds at par. Each $1,000 bond is convertible into 30 shares of Sandhill $2 par value common stock. The company has had 10,000 shares of common stock (and no preferred stock) outstanding throughout its life. None of the bonds have been converted as of the end of 2020. (Ignore all tax effects.) (a) Prepare the journal entry Sandhill would have made on January 1, 2019, to record the issuance of the bonds. (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 not indent manually.) Debit Credit Date Account Titles and Explanation Jan. 31, 2019 Crane provides its employees two weeks of paid vacation per year. As of December 31, 70 employees have earned two weeks of vacation time to be taken the following year. If the average weekly salary for these employees is $800, what is the required journal entry to accrue compensated absences? O No journal entry required. Debit Salaries and Wages Payable for $111495 and credit Salaries and Wages Expense for $111495. Debit Salaries and Wages Expense for $56000 and credit Salaries and Wages Payable for $56000. Debit Salaries and Wages Expense for $112000 and credit Salaries and Wages Payable for $112000