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Sheffield Corporation issued $460,000,9%,20-year bonds on January 1,2022 , for $420,838. This price resulted in an effectiveinterest rate of 10% on the bonds. Interest is payable annually on January 1 . Sheffield uses the effective-interest method to amortize bond premium or discount. (a) Your answer is correct. 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.) Prepare the journal entry to record the accrual of interest and the discount amortization on December 31, 2022. (Round answers to 0 decimal places, e.g. 15,250. Credit account titles are automatically indented when amount is entered. Do not indent manually.)