Question: Sunland Corporation issued ( $ 5 4 0 , 0 0 0 ) of ( 6 % ) bonds

Sunland Corporation issued \(\$ 540,000\) of \(6\%\) bonds on May 1,2025. The bonds were dated January 1,2025, and mature January 1,2028, with interest payable July 1 and January 1. The bonds were issued at face value plus accrued interest. Prepare Sunland's journal entries for (a) the May 1 issuance, (b) the July 1 interest payment, and (c) the December 31 adjusting entry. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Cash Bonds Payable Interest Expense Interest Expense Cash Interest Expense In
Sunland Corporation issued \ ( \ $ 5 4 0 , 0 0 0

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