Bennett purchased a bond on January 1, 2024, for $60,000. The bond has a face value of $60,000 and matures in 10 years. The bond pays interest on June 30 and December 31 at a 6% annual rate. Bennett plans on holding the investment until maturity. Read the requirements. Requirement 1. Journalize the 2024 transactions related to Bennett's bond investment. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries.) Begin by journalizing Bennett's investment on January 1, 2024. Requirements Date Accounts Debit Credit Jan. 1 60,000 Held-to-Maturity Debt Investments Cash 60,000 1. Journalize the 2024 transactions related to Bennett's bond investment. Explanations are not required. 2. Journalize the transaction related to Bennett's disposition of the bond at maturity on December 31, 2033. (Assume the last interest payment has already been recorded.) Explanations are not required. Next, journalize Bennett's receipt of interest on June 30, 2024. Credit Debit Print Done Date Accounts 1,800 Jun. 30 Cash 1,800 Interest Revenue Finally, journalize Bennett's receipt of interest on December 31, 2024. Debit Credit Accounts Date 1,800 Cash Dec. 31 1 80 ) Intorest Revenile Date Accounts Debit Credit Jun. 30 Cash 1,800 Interest Revenue 1,800 Requirements Finally, journalize Bennett's receipt of interest on December 31, 2024. Date Accounts Debit Credit 1. Journalize the 2024 transactions related to Bennett's bond investment. Explanations are not required. 2. Journalize the transaction related to Bennett's disposition of the bond at maturity on December 31, 2033. (Assume the last interest payment has already been recorded.) Explanations are not required. Dec. 31 Cash 1,800 Interest Revenue 1,800 Print Done Requirement 2. Journalize the transaction related to Bennett's disposition of the bond at maturity on December 31, 2033. (Assume the last interest payment has already been recorded.) Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries.) Date Accounts Debit Credit Choose from any list or enter any number in the input fields and then click Check Answer, Check