Suppose the remaining Discount on Bonds Payable was $11,400 on December 31, 2027. Show the balance sheet presentation on this date. CARLA VISTA CO. Balance Sheet (Partial) $ SA Carla Vista Co. issued $475,000, 15-year, 5% bonds at 96. (a) Your answer is correct. Prepare the journal entry to record the sale of these bonds on January 1, 2022. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Jan. 1 Cash Discount on Bonds Payable Bonds Payable Debit 456000 19000 Credit 475000