Sheridan Company issued $430,000, 15-year, 7% bonds at 95.

Prepare a tabular summary to record the sale of these bonds on January 1, 2022. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.)

(a) Prepare a tabular summary to record the sale of these bonds on January 1, 2022. Include margin explanations for the changin revenues and expenses. If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity place active sign for parentheses) in front of the amount entered for the particular Asset. Liability or Eguilty item that was reduced Assets Liabilities Pd. in Cap Cash Bonds Pay Disc, on Bonds Pay Common St Jan 1 $ $ e Textbook and Media List of Accounts Attempts:0 of 3 used Summer Save for Later (a) Prepare a tabutar summary to record the sale of these bonds on January 1, 2022. Include margination for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities of Stockholderi, placentive sign for parentheses) in front of the amount entered for the particular Asset Liability or Equity item that is reduced Stockholders' Equity Retained Earnings Pd. in Cap Common Stock Revenue Expense Dividend $ e Textbook and Media List of Accounts Attempts of used Sub save for Later 441 (a) Prepare a tabular summary to record the sale of these bonds on January 1, 2022. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity place a negative sign for parentheses) in front of the amount entered for the particular Asset. Liability or Equity item that was reduced Stockholders' Equity Retained Earnings Revenue Expense Dividend e Textbook and Media List of Accounts Attempts: 0 of 3 used Anime Cave for Later