Problem 15-01A a-f (Video) On May 1, 2020, Sandhill Corp. issued $870,000, 11%, 5-year bonds at face value. The bonds were dated May 1, 2020, am December 31. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indend... value. The bonds were dated May 1, 2020, and pay interest annually on May 1. Financial statements are prepared annually on tomatically indented when amount is entered. Do not indent manually.) Assume that on January 1, 2022, Sandhill pays the accrual bond interest and calls the bonds. The call price is 102. Record the pa automatically indented when amount is entered. Do not indent manually. Round answers to 0 decimal places, e.g. 5 Date Account Titles and Explanation Debit Credit Jan. 1, 2022 (To record payment of interest) Jan. 1, 2022 (To record redemption of the bonds) SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT d calls the bonds. The call price is 102. Record the payment of interest and redemption of the bonds. (Credit account titles are ually. Round answers to 0 decimal places, e.g. 5,675.) bit Credit