Sheffield Corporation sold $2,850,000, 6 % , 5-year bonds on January 1, 2022. The bonds were dated January 1, 2022, and pay interest on January 1 Sheffield Corporation uses the straight-line method to amortize bond premium or discount Prepare all the necessary journal entries to record the issuance of the bonds and bond interest expense for 2022, assuming that the bonds sold at 107. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Account Titles and Explanation Debit Credit Date Jan. 1 Dec. 31 eTextbook and Media List of Accounts Prepare journal entries to record the issuance of the bonds and bond interest expense for 2022, assuming that the bonds sold at 95. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Credit Account Titles and Explanation Debit Date Jan. 1 Dec. 31 eTextbook and Media List of Accounts (1) Show the balance sheet presentation for the bond issue at December 31, 2022, using the 107 selling price. SHEFFIELD CORPORATION Balance Sheet (Partial) $ (2) Show the balance sheet presentation for the bond issue at December 31, 2022, using the 95 selling price SHEFFIELD CORPORATION Balance Sheet (Partial) $ eTextbook and Media List of Accounts