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Sandhill Corporation had the following transactions pertaining to debt investments. 1. 2. 3. 4. Purchased 50 Leeds Co. 8% bonds (each with a face value

Sandhill Corporation had the following transactions pertaining to debt investments. 1. 2. 3. 4. Purchased 50 Leeds Co. 8% bonds (each with a face value of $1,000) for $50,000 cash. Interest is payable annually on January 1, 2022. Accrued interest on Leeds Co. bonds on December 31, 2022. Received interest on Leeds Co. bonds on January 1, 2023. Sold 30 Leeds Co. bonds for $31,500 on January 1, 2023. Journalize the transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem.)
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Sandhill Corporation had the following transactions pertaining to debt imestments: 1. Purchased 50 Leeds CO,8X bends (each with a face value of $1,000) for $50,000cash interest is payable annually on January 1. 1.2022 2. Accrued interest on Leeds Co bondson December 31.2022. 3. Received interest on Lendi Co. bonds on January 1,2023. 4. Sold 30 Leeds C0 bonds for $31,500 on danuty 1,2023. Journalize the transactions. (List all debit entries before credit entries, Credit occount titles are outomotically indented when amount is entered. Do not indent manualiy. If no entry is required, select "No entry' for the account titles and enter Ofor the amounts, Record journal entries in the order presented in the problem) o. Account Titles and Explanation Debit Credit o eTextbook and Media

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