Sunland Company sold $5,100,000, 15%, 15-year bonds on January 1, 2019. The bonds were dated January 1, 2019, and paid interest on January 1. The bonds were sold at 98.

Sunland Company sold $5,100,000,15%,15 year bonds on January 1, 2019. The bonds were dated January 1.2019, and paid interest on January 1 . The bonds were sold at 98 . Prepare the journal entry to record the issuance of the bonds on January 1.2019. (Credit occount titles are outomatically indented when amount is entered. Do not indent manually.)