$26.$

On August $1,2025,$ Oriole Company acquired $$530000$ face value $9\%$ bonds of Pharoah Corporation at $103$ plus accrued interest. The bonds were dated May $1,2025,$ and mature on April $30,2030,$ with interest payable each October $31$ and April $30.$ The bonds will be held to maturity. What entry should Oriole make to record the purchase of the bonds on August $1,2025?$

Debt Investments

$557825$

Cash

$557825$

Debt Investments $,557825$

Interest Revenue $11925$

Cash

Debt Investments

Premium on Bonds

$530000$

$545900$

Cash

$27825$

Debt Investments

$545900$

Interest Revenue $11925$

Cash

$527825$