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Sandhill Services, Inc. issued $510,000,8%,10-year bonds on January 1, 2025, at 104. Interest is payable annually on December 31 . Sandhill uses the straight-line miethod
Sandhill Services, Inc. issued $510,000,8%,10-year bonds on January 1, 2025, at 104. Interest is payable annually on December 31 . Sandhill uses the straight-line miethod of amortization and has a calendar year-end. Prepare all journal entries made in 2025 related to the bond issue. (Credit occount tiffes are automatically indented when the amount is entered. Do not indent manually. If no entry is requlred, select "No Entry" for the occount titles and enter Ofor the amounts. List olf debit entries before credit entries. Record journal entries in the onder presented in the problem.)
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