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Bocelli Co., purchased $108,000 of 6%, 20-year Sanz rity bonds on May 11, 2016, directly from the county, at their face amount plus The bonds

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Bocelli Co., purchased $108,000 of 6%, 20-year Sanz rity bonds on May 11, 2016, directly from the county, at their face amount plus The bonds pay semiannual Interest on April 1 and October 1.On October 31, 2016, Bocell Co. sold $28,800 of the Sanz County bonds at 97 plus $144 accrued interest, less a $80 brokerage commission Provide journal entries for the following (refer to the Chart of Accounts for exact wording of account tities): May Purchase of the bonds, plus 40 days of accrued interest; assume a 360-day year 11 Oct. 1 Semiannual interest 31 Sale of the bonds Dec. 31 Adjusting entry for accrued interest of $1,188 PreviousNext MacBook Pro 8 command option

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