Sunland Company issued $670,000, 12%, 10-year bonds on December 31, 2021, for $600,000. Interest is payable annually on December 31. Sunland Company uses the straight-line method to amortize bond premium or discount. (a) (b) 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 indent manually.) Date Account Titles and Explanation Dec. 31. 2022 eTextbook and Media Debit Credit

Sunland Company issued $670,000,12%,10-year bonds on December 31,2021 , for $600,000. Interest is payable annually on December 31. Sunland Company uses the straight-line method to amortize bond premium or discount (a) (b) Prepare the journal entry to record the payment of interest and the discount amortization on December 31, 2022. (Credit eccenant tities are entonaticefly indented when emount A entered. Do not indent manselly) Sunland Company issued $670,000,12%,10-yem bends on December 31,2021, for $600,000. Interest is payable annually on December 31 Sunland Company uses the straight-line method to amortize bond premium or discount. (a) (b) (c) Prepare the journal entry to record the redemption of the bonds at maturity assuming interest for the last interest period has been paid and recorded. (Credit aceount titles are automatically indented when amount is entered, Do nat indent manually.)