L SCREEN PRINTER V ERSIO Problem 15-02A a-c (Video) Sunland Electric sold $5,430,000, 12%, 10-year bonds on January 1, 2020. The bonds were dated January 1, 2020, and paid interest on January 1 . The bonds were sold at 96. Prepare the journal entry to record the issuance of the bonds 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, 2020 At December 31, 2020, $8,300 of the Discount on Bonds Payable account has been amortized. Show the balance sheet presentation of the long-term liability at December 31, 2020. (Enter account name only and do not descriptive information) nland Electric Balance Sheet (Partial) At December 31, 2020, $8,300 of the Discoune on Bonds Payable account has been amonized. Show the balance shest presentation of the long-term liability at Dacember 31, 2020. (Enter account name only and do not provide descriptive information.) rm liability December unland Electric Balance Sheet (Partial) OnJanuary 1 2022 hen the car ying vai e the bonds as 55.229 400 the company redeemed e bonds at 104 Record the rede pc of the bonds assuming that terest or the pend has a eady been paid. (Credit account tit es re tomateal anden e vvhen amount is entered. o not n Date Account Tides and Explanation Dabit Credit an 1, 2022