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On January 1,2025, Sandhill Company issued bonds with a face value of $590,000. The bonds carry a stated interest of 8% payable each danuary 1.

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On January 1,2025, Sandhill Company issued bonds with a face value of $590,000. The bonds carry a stated interest of 8% payable each danuary 1. (a) Prepare the journal entry for the issuance assuming the bonds are issued at 97 . (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 all debit entries before credit entries.) Attempts: 0 of 1 used

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