=+EX 15-24 Bond discount amortization On May 1, 2010, Starmaker Machinery, Inc., purchased $60,000 of 10-year, 5% government bonds at 103, including the brokerage commission. The interest is received semiannually on May 1 and November 1.

a. Journalize the entry to record the May 1, 2010, bond purchase.

b. Journalize the semiannual interest received on November 1, 2010.

c. Journalize the accrued interest adjustment on December 31, 2010.

d. Journalize the premium amortization adjustment on December 31, 2010.

e. Journalize the receipt of the face amount of the bonds on the bond maturity date, May 1, 2020.