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The Sandhill Company issued $300,000 of 13% bonds on January 1, 2020. The bonds are due January 1, 2025, with interest payable each July 1

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The Sandhill Company issued $300,000 of 13% bonds on January 1, 2020. The bonds are due January 1, 2025, with interest payable each July 1 and January 1. The bonds were issued at 102. Prepare the journal entries for ta) January 1, (b) July 1, and (c) December 31. Assume The Sandhill Company records straight line amortization semiannually. Of no entry is required, select "No Entry for the account eities and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually) Account Titles and Explanation Debit Cre No. Date (b)

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