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? Sheridan Corporation issued $520,000,9%,20-year bonds on January 1, 2022, for $475.729, This price resulted in an effectiveinterestrate of 10% on the bonds. Interest is
? Sheridan Corporation issued $520,000,9%,20-year bonds on January 1, 2022, for $475.729, This price resulted in an effectiveinterestrate of 10% on the bonds. Interest is payable anrually on January 1 Sheridan uses the effect ve-interest method to amortize bond premivmor discount (a) are outomatcoly indented when dinount is entered bo not indent rearealw? electook and Media Listof Accounts Attcrot: 0 of aused (b) Prepare the joumal entry to record the accrual of interest and the discount amertization on December 31, 2022. Round answers to 0 decind place, es, 15,250. Credit occount tiales are outomabically indented when amount is entered, Do not indent monuolly) eTetbook and Media Llstof Accounts icl
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