Splish Brothers Inc. issued 3,900, 7%, 5-year, $1,000 bonds dated January 1, 2020, at 100. Interest is paid each January 1 Prepare the journal entry to record the sale of these bonds on January 1, 2020. (Cre dit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 SHOW LIST OF ACCOUNTS Prepare the adjusting journal entry on December 31, 2020, to record interest expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Date Debit Credit Dec. 31 SHOW LIST OF ACCOUNTS Prepare the journal entry on January 1, 2021, to record interest paid. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1