3 record both entries

Salt Foods purchases forty $1.000,7$6,10 year bonds is sued by Pretzeimania, incorporated, for $42,975 on lanuary L. The market interest rate for bonds of slmilar risk and maturity is 6%. Salt Foods recelves interest semiannually on lune 70 and December 31 . 1. \& 2. Record the necessary entrles iegarding the bonds. (H no entry gs required for a porticutar tronsaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest whole number.) Journal entry worksheet