CALCULATOR PRINTER VERSION BACK Exercise 15-07- The following section is taken from Sheridan Corp.'s balance sheet at December 31, 2019. Current abilities Interest payable $ 162,000 Kong-term liabilities Bonds payable, 9%, due January 1, 2024 1,800,000 Bond Interest is payable annually on January 1. The bonds are callable on any interest date. Journalize the payment of the bond Interest on January 1, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 Assume that on January 1, 2020, after paying interest, Ohiman calls bonds having a face value of $569,500. The call price is 102. Record the redemption of the bonds. (Credit account titles automatically indented when amount is entered. Do not indent manually.) Debit Date Account Titles and Explanation Jan. 1 Prepare the entry to record the accrual of interest on December 31, 2020. (Credit account titles are automatically indented when amount is enter Date Account Titles and Explanation Debit Dec. 31 Click if you would like to Show Work for this question: Doen Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT