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I need help getting the ones in red correct. On May 1,2024, Sandhill Corp. issued $880,000 of 5 -year, 3% bonds at $840,477. This price
I need help getting the ones in red correct. On May 1,2024, Sandhill Corp. issued $880,000 of 5 -year, 3% bonds at $840,477. This price resulted in an effective interest rate of 4% on the bonds. The bonds pay interest semi-annually on May 1 . Sandhill's year end is April 30. (a) when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount tilles ard enter of for the amounts. Question 9 of 11 13.75/15 Question 9 of 11 13.75/15 Assume that on May 1, 2027, after payment of the interest, Sandhill redeems all of the bonds at 101. Record the redemption of the bonds. (tist all debit entries before credit entries. Credit occount tities are automatically indicnted when the ornoumt is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tilles and enter O For the amourits. Round ansmers to O docinal places, es 5,276)
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