8:45 PRAT for band held to me Son Indies in the came 2018 The following are and which has focal year ending on the 207 Ap 1. 100.000 dwth face plus credentes. The band Munch I. Hace 20.000 de 700 The body was my Med Sept. 1. Hecewed seminar on the line 30 Sold 10,000 of Watch Cabode 1.200 1. Herved in the boda Dec. 31. Accred interest on the Welche bonds 31. Accredimeres on the bonde NO 2016 Mar 1. Heceived manuales on the watch Cabos Stay Received manual interest on the tale bande Instructions 1. Journalive the entries to record the preceding transactions If the band portfolio is died as a whole meno would it be reported on the financial statements PR 15-3A OBJ. 3,5 1 financial statements for the year ending December 31, 2020 Transactions for bond (held-to-maturity) investments Soto Industries Inc. is an athletic footware company that began operations on January 1, 2013. The following are bond (held-to-maturity) transactions by Soto Industries Inc. which has a fiscal year ending on December 31: 20Y3 Apr. 1. Purchased $100,000 of Welch Co. 6%, 15-year bonds at their face amount plus accrued interest of $500. The bonds pay interest semiannually on March 1 and September 1. June 1. Purchased $210,000 of Bailey 4%, 10-year bonds at their face amount plus accrued interest of $700. The bonds pay interest semiannually on May 1 and November 1 Sept. Received semiannual interest on the Welch Co. bonds. 30. Sold $40,000 of Welch Co. bonds at 97 plus accrued interest Nov. 1. Received semiannual interest on the Bailey bonds. Dec. 31. Accrued interest on the Welch Co. bonds. 31. Accrued interest on the Bailey bonds. 20Y4 Mar. 1. Received semiannual interest on the Welch Co. bonds. May 1. Received semiannual interest on the Bailey bonds. Instructions 1. Journalize the entries to record the preceding transactions. 2. If the bond portfolio is classified as an available for sale investment, how would it be reported on the financial statements? $200