Sheridan Company issued $$770,000,9\%,10-$year bonds on Decembar $31,2021,$ for $$700,000.$ Inter est is payable annuallyon December $31.$ Sheridan Company uses the straight$-$line methad to amortize bond premium or diecount

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Llst of Accounts

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Prepare the journal entry to record the payment of interest and the discount amortization on December $31,2022,$ Goulitumouunt tilles are automatically indented when anount is entered. Do nat inderat manualll$)$

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Prepare the jeurnal entry to record the redemption of the bonds at maturity, assuming interest for the last interest pariod has been paid and recorded. $($Credit account ditles are autamatically indented when amount is entered. Do not indent manuaily.$)$

Date Account Titles and Explanation

Debit

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