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Problem 15-01A a-f (Video) On May 1, 2020, Sandhill Corp. issued $870,000, 11%, 5-year bonds at face value. The bon December 31. e. The bonds

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Problem 15-01A a-f (Video) On May 1, 2020, Sandhill Corp. issued $870,000, 11%, 5-year bonds at face value. The bon December 31. e. The bonds were dated May 1, 2020, and pay interest annually on May 1. Financial statements are prepared annually on cities are automatically indented when amount is entered. Do not indent manually.) Prepare the adjusting entry to record the accrual of interest on December 31, 2020. (Credit account titles are autom to O decimal places, e.g. 5,675.) Date Account Titles and Explanation Debit Credit Dec 31, 2020 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Show the balance sheet presenta

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