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 dat December 31. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automaticall Date Account Titles and Explanation May 1, 2020 Debit Credit SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Prepare the adjusting entry to record the accrual of interest on Decem to O decimal places bonds were dated May 1, 2020, and pay interest annually on May 1. Financial statements are prepared annually on re automatically indented when amount is entered. Do not indent manually.) Credit