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sandi company issued $ 5 0 0 , 0 0 0 of 5 - year, 9 % bonds at 9 8 on January 1 ,

sandi company issued $

500, 000

5 -

year,

9 %

bonds at

98

on January

1, 2022 .

the bonds pay interest annually. Prepare the jounal entry to record the issuance of the bonds.

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