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Posted on Sep 02, 2024

Sandhill Corporation issued $ 3 8 4 , 0 0 0 of 4 % , 1 0 - year bonds on January 1 , 2

Sandhill Corporation issued $

384, 000

4 %, 10 -

year bonds on January

1, 2024,

at face value Interest is payable annually on January

1, 2025 . (

)

Prepare the journal entry to record the issuance of the bonds.

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