Current Attempt in Progress

On March $1,2025,$ Sunland Company sold goods to Sandhill Inc. for $$666,000$ in exchange for a $5-$year, zero$-$interest$-$bearing note in the face amount of $$1,072,600($an imputed rate of $10\%).$ The goods have an inventory cost on Sunland's books of $$437,000.$

$($a$1)$

$($a$2)$

Prepare the journal entries for Sunland on December $31,2025.($Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No entry" for the account titles and enter $0$ for the amounts. List debit entry before credit entry.$)$

Date

Account Titles and Explanation

Debit

Credit

Dec. $31,2025$

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List of Accounts