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On October 1, 2017 Sheridan Company issued 6%, 10-year bonds with a face value of $5940000 at 104. Interest is paid on October 1 and

On October 1, 2017 Sheridan Company issued 6%, 10-year bonds with a face value of $5940000 at 104. Interest is paid on October 1 and April 1, with any premiums or discounts amortized on a straight-line basis. The entry to record the issuance of the bonds would include a credit of

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