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hello i nned help on this question please Sheridan Electric Ltd. sold $6.21 million of 10%,10-year bonds on January 1, 2024. The bonds were dated
hello i nned help on this question please
Sheridan Electric Ltd. sold $6.21 million of 10%,10-year bonds on January 1, 2024. The bonds were dated January 1, 2024, and pay nterest on January 1. The bonds were sold at 99. (a) Prepare the journal entry to record the issuance of the bonds on January 1, 2024. (List debit entry before credit entry. 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.)Step by Step Solution
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