plz do it as accuretly as soon as u can and provide detailed step to step sulotion.

On January 1, 2022, Sheffield Corporation issued $2.247.000 face value, 9%, 10-year bonds for procecds of $2.397,776. This prike resulted in an effective-interest rate of 8% on the bonds. The bonds pay annual interest, each January 1 and Irik hasa calendar year end. (a) Youranswer is correct. Prepare the journal entry to record the issue of the bonds on January 1. 2022. (List all debit entries before creatit entries Credit account titles are outomatically indented when the amount is entered. Do not indent manually Prepare an amortization table through December 31, 2021 (three interest periods) for this bond issue. pare an amortization table through December 31, 2021 (three interest periods) for this bond issue