Sunland Company issued $660,000 of 5 year, 5 bonds at 98 on January 1, 2022 The bonds pay interest annually 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 ) Compute the total cost of borrowing for these bonds Prepare the journal entry to record the issuance of the bonds, assuming the bonds were issued at 102 (Credit account titles are automatically indented when amount is entered Do not indent manually ) Compute the total cost of borrowing for these bonds, assuming the bonds were issued at 102 Total cost of borrowing $ (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 (a2) Compute the total cost of borrowing for these bonds Total cost of borrowing $ (b1) Prepare the journal entry to record the issuance of the bonds, assuming the bonds were issued at 102 (Credit account titles are automatically indented when amount is entered Do not indent manually ) Account Titles and Explanation Debit Credit (62) Compute the total cost of borrowing for these bonds, assuming the bonds were issued at 102 Total cost of borrowing $

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Sunland Company issued $660,000 of 5-year, 5% bonds at 98 on January 1, 2022. The bonds pay interest annually. Prepare the journal entry to record

Sunland Company issued $660,000 of 5-year, 5% bonds at 98 on January 1, 2022. The bonds pay interest annually.

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.)

Compute the total cost of borrowing for these bonds.

Prepare the journal entry to record the issuance of the bonds, assuming the bonds were issued at 102. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Compute the total cost of borrowing for these bonds, assuming the bonds were issued at 102.

Total cost of borrowing $______

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(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 (a2) Compute the total cost of borrowing for these bonds. Total cost of borrowing $ (b1) Prepare the journal entry to record the issuance of the bonds, assuming the bonds were issued at 102. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit (62) Compute the total cost of borrowing for these bonds, assuming the bonds were issued at 102. Total cost of borrowing $