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Prepare the jounal entry to record the accrual of interest on December 31, 2017. (Credit account titles are automatically indented when amount is entered. Do

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Prepare the jounal entry to record the accrual of interest on December 31, 2017. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Date Debit Credit enter an account title to record the accrual of interest on December 31, 2017 enter a debit amount enter a credit Dec. 31, 2017 amount enter an account title to record the accrual of interest on December 31, 2017 enter a debit enter a credit amount amount Display Sett hp O Heading 1 Heading 2 1 No Spac... T Normal A Styles Paragraph C E G Sandhill Co. issued $600,000 of 8%, 15 - year bonds on January 1, 2017, at face value. Interest is payable annually on January 1. (a) Prepare the joumal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Credit Debit Account Titles and Explanation enter an account title to record the issuance Date enter a credit amount enter a debit amount 6000p0 Jan. 1, of the bonds on January 1, 2017 2017 cash enter an account title to record the issuance of the bonds on January 1, 2017 bond payabk 600000 I Prepare the journal entry to record the accrual of interest on December 31, 2017. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Date enter a debit amount enter an account title to record the accrual of interest on December 31, 2017 enter a credit Dec. 31, 2017 amount

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