View Policies Show Attempt History Current Attempt in Progress Sandhill Co. issued $310,000 of 8 % , 20- year bonds on January 1, 2022, at face value. Interest is payable annually on January 1. (a) Prepare the journal entry to record the redemption of the bonds at maturity, assuming interest for the last interest period has been paid and recorded. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Date Debit Credit Jan. 1, 2042 eTextbook and Media