ment CALCULATOR FULL SCREEN PRINTER VERSION Exercise 10-9 On January 1, Sheridan Company issued $434,000, 9%, 20-year bonds at face value. Interest is payable annually on January 1. Prepare journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do manually.) Date Account Titles and Explanation Debit Credit Jan. 1 Prepare journal entry to record the accrual of inerston ecember 31. (Credit account tities are automatically indented 1. (Credit account titles are automatically indented when amount is e not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31 Prepare journal entry to record the payment of interest on January 1. (Credit account titles are automatically indented when amount is ent not indent manually.) Debit Credit Date Account Titles and Explanation 8:4