27-1 On January 1, 2019, Parsons * 2 poin Company purchased $84,000,10 year, 7% government bonds at 100 . The semi-annual interest payment dates are June 30 and December 31 . Journalize the entry to record the bond purchase (the investment). Debit Cash $84,000; Credit Investment \$ 84,000 Debit Investment $84,000; Credit Cash $84,000 Debit Invesyment \$ 82,940; Credit Cash \$ 82,940 27-1 On January 1, 2019, Parsons * 2 poin Company purchased $84,000,10 year, 7% government bonds at 100 . The semi-annual interest payment dates are June 30 and December 31 . Journalize the entry to record the bond purchase (the investment). Debit Cash $84,000; Credit Investment \$ 84,000 Debit Investment $84,000; Credit Cash $84,000 Debit Invesyment \$ 82,940; Credit Cash \$ 82,940