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Sunland Company issued 2,700 6%, 5-year, $1,000 bonds dated January 1, 2022, at face value. Interest is paid each January 1. (a) (b) (c)

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Sunland Company issued 2,700 6%, 5-year, $1,000 bonds dated January 1, 2022, at face value. Interest is paid each January 1. (a) (b) (c) Prepare the journal entry on January 1, 2023, to record interest paid. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Jan. 1 Debit Credit

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