Problem 15-OSA a-d Sheridan Electric sold $3,850,000, 10%, 10-year bonds on January 1, 2020. The bonds were dated January 1 and pay interest annually on January 1. Sheridan Electric uses the straight-line Prepare the journal entry to record the issuance of the bonds on January 1, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manual Date Account Titles and Explanation Debit Credit Jan. 1, 2020 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Prepare a bond premium amortization schedule for the first 4 interest periods. Annual Interest Periods Interest to Be Paid Interest Expense to Be Recorded Premium Amortization Unamortized Premium Bond Carrying Value Issue date 1 $ 2 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEKT Prepare the journal entries for interest and the amortization of the premium in 2020 and 2021. (Credit account titles are automatically indented when amount is entered. Do not inde Date Account Titles and Explanation Debat Credit CALCULATOR HINTER VERSION 0. The bonds were dated January and pay interest annually on January 1. Sheridan Electric uses the straight-line method to amortize bond premium or discount. The bonds were sold at 103 1. 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit ods Be Recorded Premium Amortization Unamortized Premium Bond Carrying Value $ am in 2020 and 2021. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Debit Credit est and the amortization of the premium in 2020 and 2021. (Credit account titles are automatically indented when amount is entered. Do Account Titles and Explanation Debit Credit Date SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Show the balance sheet presentation of the bond liability at December 31, 2021. (Enter account name only and do not provide descriptive information) Sheridan Electric Balance Sheet (Partial) $ $ $ Click if you would like to Show Work for this question: Doen Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT