On September 1, 2020, Sunland Corp. sold at 106 (plus accrued interest) 5,330 of its $1,000 face value, 10-year, 9% non-convertible bonds with detachable stock warrants. Each bond carried 2 detachable warrants; each warrant was for one common share at a specified option price of $10 per share. Shortly after issuance, the warrants were selling for $5 each. Assume that no fair value is available for the bonds. Interest is payable on December 1 and June 1. Sunland Corp. prepares its financial statements in accordance with ASPE. (a) Prepare in general journal format the entry to record the issuance of the bonds under both options available under ASPE. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Residual method: September 1, 2020 (To record the issuance of the bonds) (To record the issuance of the bonds) Allocation of zero to equity: List of Accounts