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Sunland Company issued $600,000 of 5-year, 8% bonds at 95 on January 1, 2027. The bonds pay interest annually. (a1) Prepare the journal entry

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Sunland Company issued $600,000 of 5-year, 8% bonds at 95 on January 1, 2027. The bonds pay interest annually. (a1) 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.) Account Titles and Explanation Debit Credit eTextbook and Media 1

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