ITC Party Harry Question 25 of 25 View Policies Current Attempt in Progress 14 1 On May 1.2021. Sage Hill Construction Ld issued $800.000 of 20-year 6% bonds at 100 The bonds any interest anually on November 1 and May 1 Sage Hill has a calendar year end (Credit account titles are automatically indented when the amount is entered De not indent manually if no entry is mind select "No Entry for the accounts and enter for the amounts Rounders to decimal places a 5,276) Record the issuance of the bonds on May 1.2021 (b) Record the first interest payment un November 1.2021 Prepare any adjusting entry required at December 31, 2021 (4) Record the second interest payment on May 1.2022 el Assume that on May 1, 2002, immediately after paying the semi-anual interest. Sage Hill redeemed 50% of the bonds at Record the redemption of the band In Record the third interest payment on November 1, 2022. for the remaining bond No. Date Account Titles and Explanation May 1, (4) Ca 2021 Debit Credit