On January $1,2020,$ Sheridan Company issued bonds with a face value of $$910,000.$ The bonds carry a stated interest of $6\%$ payable

each January $1.$

$($a$)$

$($b$)$

Prepare the journal entry for the issuance assuming the bonds are issued at $110.($Credit account titles are automatically indented

when the amount is entered. Do not indent manually. List all debit entries before credit entries.$)$

Account Titles and Explanation

Debit

Credit