Sky song, Inc. issues $256,000, 10 year, 7% bonds at 98. Prepare a tabular summary to record the sale of these bonds on March 1, 2022 include March and explanations for the charges and revenues and expenses.

Skysong. Inc issues $256,000,10 year, 7% bonds at 98 . Prepare a tabular summary to record the sale of these bonds on March 1 . 2022. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockhoiders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced]