On January 1,2025, Sheridan Company issued bonds with a face value of $560,000. The bonds carry a stated interest of 8% payable each January 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.)