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Sunland Company issues $310,000, 20-year, 5% bonds at 103. Prepare the journal entry to record the sale of these bonds on June 1, 2020. (Credit

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Sunland Company issues $310,000, 20-year, 5% bonds at 103. Prepare the journal entry to record the sale of these bonds on June 1, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Date Account Titles and Explanation June 1 Cash Bonds Payable Premium Rede Douable

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