Apr. $1$ Purchased for cash $$420,000$ of Vasquez City $6\%$ bonds at $100$ plus accrued interest of $$6,300.$

June $30$ Received first semiannual interest payment.

July $31$ Sold $$210,000$ of the bonds at $99$ plus accrued interest of $$1,050.$

Aug. $1$ Received face value of remaining bonds at their maturity.

Required:

Journalize the entries to record the above selected bond investment transactions for Beacon Trust. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered.