Return to exercise S8-7, the Prudential Bache (PB) investment in CitiCorp bonds. Journalize the following on PB's

Question:

Return to exercise S8-7, the Prudential Bache (PB) investment in CitiCorp bonds. Journalize the following on PB's books:
a. Purchase of the bond investment on January 2, 2014. PB expects to hold the investment to Receipt of annual cash interest on December 31, 2014
c. Amortization of the bonds on December 31, 2014
d. Collection of the investment's at the date on January 2, 2019.
(Assume the receipt of 2018 interest and the amortization of bonds for 2018 have already been recorded, so ignore these entries.)
Face Value
Face value is a financial term used to describe the nominal or dollar value of a security, as stated by its issuer. For stocks, the face value is the original cost of the stock, as listed on the certificate. For bonds, it is the amount paid to the... Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...