Current Attempt in Progress On August 1, 2022. Sarasota Corp. issued $496,800.9%, 10-year bonds at face value. Interest is payable annually on August 1. Sarasota's year-end is December 31. Prepare a tabular summary to record the following events (a) (b) The issuance of the bonds. The accrual of interest on December 31, 2022 The payment of interest on August 1,2023. 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.) Assets Liabilities Cash Bonds Pay Interest Pay. (a) Aug 1, 20122 $ (b) Dec. 31. 2022 (c) Aug. 1.2023 Current Attempt in Progress On August 1, 2022. Sarasota Corp, issued $496,800, 9%, 10-year bonds at face value. Interest is payable annually on August 1 Sarasota's year-end is December 31. Prepare a tabular summary to record the following events. (a) The issuance of the bonds (b) The accrual of interest on December 31, 2022. (c) The payment of interest on August 1, 2023, 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.) Stockholders' Equity Pd. in Cap. Retained Earnings Common Stock Revenue Expense Dividend decrease in Assets, Liabilities or ticular Asset, Liability or Equity item that d Attempts: 0 of 3 used Submit Answer ecrease in Assets, Liabilities or ular Asset, Liability or Equity item that Interest expense Bonds payable Premium on bonds Discount on bonds Attempts: 0 of 3 used Submit