2 083 poi Salt Foods purchases forty $1,000, 7%, 10-year bonds issued by Pretzelmania, Incorporated, for $37,282 on January 1. The market interest rate for bonds of similar risk and maturity is 8%. Salt Foods receives interest semiannually on June 30 and December 31 1. & 2. Record the necessary entries regarding the bonds. (If no entry is required for a particular transaction/event, select "No journal entry required" in the first account field. Round your answers to the nearest whole number.) View transaction list Journal entry worksheet Prin < Mr Record the investment in bonds. Note: Enter debits before credits Date January 01 General Journal Debit Credit Investments 37,282 Cash 37,202 Clear entry Becord entry View general journal Prev 2 of 6 Next > Chuth my work