Prepare the journal entry to record the sale of these bonds on January 1, 2025. (List all debit entries before credit entries. Credit occount tities are automatically indented when amount is entered. Do not indent manuolly. If no entry is required, select "No Entry" for the occount tities and enter O for the amounts.) Prepare the journal entry to record interest expense and bond premium amortization on December 31,2025 , assuming no previous accrual of interest. (List all debit entries before credit entries. Credit account titles are outomaticolly indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Teal Mountain Inc. issues $5.0 milion, 10 -year, 8% bonds at 101 , with interest psyable on January 1. The straight-line method is used to amortize bond premium. (a) Prepare the journal entry to record the sale of those bonds on January 1,2025. llist all debit entries before credit entries, Credit account tites are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts)