Vista Company sold $3,900,000, 10%, 10-year bonds on January 1, 2020. The bonds were dated January 1, 2020 and pay stannually on January 1 Carla Vista Company uses the straight-line method to amortize bond premium or discount now balance sheet presentation for the bonds at December 31, 2020. (Enter account name only and do not provide descriptive ormation.) Carla Vista Company Balance Sheet (Partial) Premium s s Carla Vista Company Balance Sheet (Partial) Discount (a) Your Answer Correct Answer Your answer is correct Prepare all the necessary journal entries to record the issuance of the bonds and bond interest expense for 2020, assuming that the bonds sold at 105. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit 1.2020 Cash 4095000 Bonds Payable 390000 Premium on Bonds Payable 19500 31.2020 Interest Expense 370500 Premium on Bonds Payable 19500 Interest Payable 39000 Your Answer Correct Answer (Used) Prepare all the necessary journal entries to record the issuance of the bonds and bond interest expense for 2020, assuming that the bonds are sold at 95. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem) Date Account Titles and Explanation Debit Credit 2020 Cash 3,705.000 Discount on Bonds Payable 195.000 Bonds Payable 3.900.000 31. 2020 Interest Expense 409,500 Interest Payable 390,000 Discount on Bonds Payable 19.500