Sandhill Ltd. issued 315,000,9%, 10-year bonds on January 1, 2020, for 336,137. This price resulted in an effective-interest rate of 8% on the bonds. Interest is payable annually on January 1 . Sandhill uses the effective-interest method to amortize bond premium or discount. Prepare the journal entry to record the issuance of the bonds. (Round answers to O decimal places, eg 15,250. Credit account titles are outomatically indented when amount is entered. Do not indent manually) eTextbook and Media Prepare the journal entry to record the accrual of interest and the premium amortization on December 31 , 2020. (Round answers to 0 decimal places, eg. 15,250. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Prepare the journal entry to record the accrual of interest and the premium amortization on December 31, 2020. (Round answers to 0 decimal ploces, eg. 15,250. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Prepare the journal entry to record the payment of interest on January 1. 2021. (Round answers to O decimol places, es. 15,250. Credit account titles are outomatically indented when amount is entered. Do not indent manually.)