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Sandhill Company issued $ 500,000 of 5-year, 9% bonds at 98 on January 1, 2022. The bonds pay interest annually. (21) Prepare the journal entry

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Sandhill Company issued $ 500,000 of 5-year, 9% bonds at 98 on January 1, 2022. The bonds pay interest annually. (21) Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts Save for Later Attempts: 0 of 2 used Submit Answ (o 4tv D A MacBook Air (a2) Compute the total cost of borrowing for these bonds. Total cos) of borrowing $ e Textbook and Media List of Accounts (51) Prepare the journal entry to record the issuance of the bonds, assuming the bonds were issued at 104. (Credit accour automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit eTextbook and Media List of Accounts Save for Later Attempts: 0 of 2 used Sub (62) NOW 4 etv @ W 14 MacBook Air (62) Compute the total cost of borrowing for these bonds, assuming the bonds were issued at 104. Total cost of borrowing $ e Textbook and Media List of Accounts Save for Later Attempts: 0 of 2 : HOV 4. tv o

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