Sandhill Corporation issued $1,450$$$1,000$ bonds at $101.$ Each bond was issued with one detachable stock warrant. After issuance, the bonds were selling separately at $98.$ The market price of the warrants without the bonds cannot be determined.

Use the incremental method to record the issuance of the bonds and warrants. $($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.$)$

Account Titles and Explanation

Debit

Credit

Cash

$1464500$

Discount on Bonds PayablE