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Sheridan Company issues $300,000, 20-year, 8% bonds at 102. Prepare the journal entry to record the sale of these bonds on June 1. 2022.

Sheridan Company issues $300,000, 20-year, 8% bonds at 102. Prepare the journal entry to record the sale of these bonds on June 1. 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation June 1 Debit Credit

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