Skysong, Inc. issued $246,000,7%, 15-year bonds on December 31, 2021. for $231.240. Interest is payable annually on December 31. Skysong uses the straight-line method to amortize bond premium or discount (a) Your answer is correct Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select (b) Date Account Titles and Explanation Dec. 31,2021 Cash Discount on Bonds Payable Bonds Payate eTextbook and Media List of Accounts Debit 231240 14760 Credit 246000 Prepare the journal entry to record the payment of interest and the discount amortization on December 31, 2022. (Credit account titles are automatically indented when amount is entered. Do not im Account Titles and Explanation Date Debit Credit Dec. 31, 2022