On January 1, 2022, Sunland Company issued $420,000, 12%, 10-year bonds at face value. Interest is payable annually on January 1. (a) 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. Date Jan. 1, 2022 Account Titles and Explanation eTextbook and Media List of Accounts Save for Later Debit Attempts: 0 of 3 used Credit Submit Answer

On January 1, 2022, Sunland Company issued $420,000,12%,10-year bonds at face value. Interest is payable annually on January 1. (a) Prepare the journal entry to record the issuance of the bonds. [Credit account tieles are autamatically indented when amount is entered. Do not indent manually) Prepare the journal entry to record the issuance of the bonds. (Credit account titles are outomatically indented when amount is entered. Do not indent manually.) eTextbook and Media List of Accounts Attempts: 0 of 3 used (b) The parts of this question must be completed in order. This part will be available when you complete the part above