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please answer the following question below. The Sarasota Company issued $360,000 of 11% bonds on January 1, 2020. The bonds are due January 1, 2025,

please answer the following question below.

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The Sarasota Company issued $360,000 of 11% bonds on January 1, 2020. The bonds are due January 1, 2025, with interest payable each July 1 a January 1. The bonds were issued at 97. Prepare the journal entries for (a) January 1, (b) July 1, and (c) December 31. Assume The Sarasota Company records straight-line amortization semiannually. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented w amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit (a) (b) (c)

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