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Sandhill Corporation issues $500,000 of bonds for $505,000. (a) Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically

Sandhill Corporation issues $500,000 of bonds for $505,000. (a) 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.)

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