7. On January 1, 2024, the College Corporation decides to invest in Small Town bonds. The bonds mature on December 31,2028 , and pay interest of 4% on June 30 and December 31 . The market rate of interest was 4% on January 1,2024 , so the $20,000 maturity-value bonds sold for face value. College Corporation intends to hold the bonds until maturity. Journalize the transactions related to College Corporation's investment in Small Town bonds during 2024. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Begin by journalizing College Corporation's investment in Small Town bonds on January 1, 2024. Next, journalize College Corporation's receipt of interest on June 30,2024. on January onds. The bon cember 31, : Fair Value Adjustment-Available-for-Sale larket rate of in nds until mat 3 Corporation ir ring 2024. (R Fair Value Adjustment-Held-to-Maturity nvestment in Si ne of the jouma Interest Revenue Equity Investments Date Held-to Maturity Debt Investments Next, journalize College Corporation's receipt of interest on June 30, 2024. in by journalizing College Corporation's investment in Small Town bonds on Jant Dat . 1 , Next, journalize