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Sandhill Cold $3,190,000, 8, 20-year bonds on January 1, 2022. The bonds were dated January 1, 2022, and pay interest on January 1. The

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Sandhill Cold $3,190,000, 8, 20-year bonds on January 1, 2022. The bonds were dated January 1, 2022, and pay interest on January 1. The company uses straight-line amortization on bond premiums and discounts Financial statements are prepared annually. Your answer is correct Prepare the journal entries to record the issuance of the bonding they sold at: (1) 103 and (2) 97. (Credit account titles are automatically indented when amount is entered. Do not indentally) No. Date Account Titles and Exp 3285700 95300 21/1/20 3094300 Discount on Bonds Payable 95700 Bonds Payable 3190000

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