Bocelli Co, purchased $99,000 of 10%, 20-year Saint County bonds on May 11, 2016, directly from the county, at their face amount plus accrued interest. The bonds pay semiannual interest on April 1 and October 1. On October 31, 2016, Bocelli Co, sold $32, 400 of Saint County bonds at 97 plus $270 accrued interest, less a $105 brokerage commission. Provide journal entries for the following (refer to the Chart of Accounts for exact wording of account types); May 11 Purchase of the bonds, plus 40 days of accrued interest; assume a 360 -day year. Oct, 1 Semiannual interest 31 Sale of the bonds Dec, 31 Adjusting entry for accrued interest of $1, 665