Sunland Corporation had the following transactions relating to debt investments:

Jan. 1,2022 Purchased 40, $1,350, 10% Spiller Company bonds for $54.000. Interest is pavable annually on January 1.

Dec. 31, 2022 Accrued interest on Spiller Company bonds.

Jan. 1, 2023 Received interest from Spiller Company bonds.

Jan. 1, 2023 Sold 24 Spiller Company bonds for $31,050.

Journalize the above transactions, including the adjusting entry for the accrual of interest on December 31, 2022. (List all debit entries before credit entries. 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 0 for the amounts. Record journal entries in the order presented in the problem.)

Date

Account Titles and Explanation

Debit

Credit