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Sheridan Corporation issued 3,700, 6%, 5-year, $1,000 bonds dated January 1, 2022, at 100. Interest is paid each January 1. (a) Prepare the journal

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Sheridan Corporation issued 3,700, 6%, 5-year, $1,000 bonds dated January 1, 2022, at 100. Interest is paid each January 1. (a) Prepare the journal entry to record the sale of these bonds on January 1, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Janaury 1, 2022 Account Titles and Explanation Debit Credit

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