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Sunland Company issued $580,000, 10-year, 4% bonds at 104, Prepare the journal entry to record the sale of these bonds on January 1, 2017. (Credit

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Sunland Company issued $580,000, 10-year, 4% bonds at 104, Prepare the journal entry to record the sale of these bonds on January 1, 2017. (Credit account titles are automatically indented when the amount is entered. Do not indent manually) Date Account Titles and Explanation Jan. 1 Debit Credit e Textbook and Media Suppose the remaining Premium on Bonds Payable was $13,920 on December 31, 2020. Show the balance sheet presentation on this date. SUNLAND COMPANY Balance Sheet (Partial) e Teythaalennus

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