. Thank you so much. I was wondering if you can show work.

On May 1, 2020, Sunland Corp, issued $670,000, 12%, 5-year bonds at face value. The bonds were dated May 1, 2020, and pay interest annually on May 1. Financial statements are prepared annually on December 31. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit May 1, 2020 Prepare the adjusting entry to record the accrual of interest on December 31, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to decimal places, e.g. 5,675.) Date Account Tities and Explanation Debit Credit Dec. 31, 2020 Show the balance sheet presentation on December 31, 2020. (Enter account name only and do not provide descriptive information. Round answers to o decimal places, e.g. 5,675.) C Sunland Corp Balance Sheet (Partial) $ Prepare the journal entry to record payment of interest on May 1, 2021. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to o decimal places, e.g. 5,675.) Prepare the adjusting entry to record the accrual of interest on December 31, 2021. (Credit manually. Round answers to o decimal places, e.g. 5,675.) Debit Credit Date Account Titles and Explanation Dec. 31, 2021 Assume that on January 1, 2022, Sunland pays the accrual bond interest and calls the bonds. The call price is 104. Record the payment of interest and redemption of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to O decimal places, e.g. 5,675.) Debit Credit Date Account Titles and Explanation Jan. 1, 2022 account titles are automatically indented when amount is entered. Do not indent