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Sandhill Co. issued $600,000 of 8%, 15-year bonds on January 1, 2017, at face value. Interest is payable annually on January 1. Prepare the journal

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Sandhill Co. issued $600,000 of 8%, 15-year bonds on January 1, 2017, at face value. Interest is payable annually on January 1. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically Indented when amount is entered. Do not indent manually) Account Titles and Explanation Debit Credit Date Jan 1, 2017 Dec. 31. 2017 e Textbook and Media List of Accounts Prepare the journal entry to record the payment of interest on January 1, 2018. (Credit account titles are automatically Indented when amount is entered. Do not Indent manually.) Account Titles and Explanation Debit Credit Date Jan. 1 2018 Prepare the journal entry to record the redemption of the bonds at maturity, assuming interest for the last interest period has been paid and recorded. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Account Tities and Explanation Debit Credit Date Jan 1, 2032

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