Sheridan Company issued $455,000 of 8%, 10-year bonds on January 1, 2020, at face value. Interest is payable annually on January 1. (a) Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when anourit is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Date Jan. 1, 2020 b Prepare the journal entry to record the accrual of interest on December 31, 2020. (Credit accounts are automatically indented when amount is entered. Do not indent manually) Debit Credit Date Account Titles and Explanation Dec. 31, 2020 Prepare the journal entry to record the payment of interest on January 1, 2021 Credit account titles are automatically indented when amount is entered. Do not indent manually Debit Credit Account Titles and Explanation Date Jan. 1. 2021 (di Prepare the journal entry to record the redemption of bonds at maturity, assuming interest for the last interest period has been paid and recorded. (Credit account title ore automatically indented when amount is entered. Do not indent manually 1 Debit Credit Date Account Titles and Explanation Jan. 1, 2027