t Sage Hill Inc. issues $265,000, 10-year, 8% bonds at 97. Prepare the journal entry to...

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t Sage Hill Inc. issues $265,000, 10-year, 8% bonds at 97. Prepare the journal entry to record the sale of these bonds on March 1, 2025. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit Mar. 1 Cash Bonds Payable I Interest Expense Interest Expense 265,000 265,000 t Sage Hill Inc. issues $265,000, 10-year, 8% bonds at 97. Prepare the journal entry to record the sale of these bonds on March 1, 2025. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit Mar. 1 Cash Bonds Payable I Interest Expense Interest Expense 265,000 265,000