Sheridan Company issued $300,000,12%,10-year bonds on January 1,2022 , for $317,667. This price resulted in an effective-interest rate of 11% on the bonds. Interest is payable annually on January 1 . Sheridan uses the effective-interest method to amortize bond premium or discount: (a) - Vouir answer is partially cotrect. Prepare the journal entry to record the issuance of the bonds. (Credit occount tities are outomatically 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 31,2022 . (Round answers to 0 decimal places, eg. 15,250. Credit account titles are automatically indented when amount is entered. Do not indent manually) eTextbook and Media List of Accounts Attempts: 0 of 5 used (c) The parts of this question must be completed in order. This part will be avallable when you complete the part above