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The following section is taken from Sheridan's balance sheet at December 31, 2021. Interest is payable anmully on January 1 . The bonds are callable

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The following section is taken from Sheridan's balance sheet at December 31, 2021. Interest is payable anmully on January 1 . The bonds are callable on any annual interest date. (a) Your answer has been saved. See score details after the due date. Journalize the payment of the bond interest on January 1, 2022. (Credit account titles are outomatically indented when amount is entered. Do not indent manually) Assume that on January 1,2022, after paying interest, Sheridan calls bonds having a face value of $120,000. The call price is 102. Record the redemption of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) List of Accounts Attempts: 0 of 1 used

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