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Bond (Held-to-Maturity)Investment Journalize the entries to record the following selected bond investment transactions for Marr Products: If an amount box does not require an entry,

  1. Bond (Held-to-Maturity)Investment

    Journalize the entries to record the following selected bond investment transactions for Marr Products:

    If an amount box does not require an entry, leave it blank.

    a. Purchased for cash $60,000 of Hotline Inc. 6% bonds at 100 plus accrued interest of $600.

    fill in the blank e8da39022f8d03a_2 fill in the blank e8da39022f8d03a_3
    fill in the blank e8da39022f8d03a_5 fill in the blank e8da39022f8d03a_6
    fill in the blank e8da39022f8d03a_8 fill in the blank e8da39022f8d03a_9

    b. Received first semiannual interest payment.

    fill in the blank 3317e1f6202df9c_2 fill in the blank 3317e1f6202df9c_3
    fill in the blank 3317e1f6202df9c_5 fill in the blank 3317e1f6202df9c_6
    fill in the blank 3317e1f6202df9c_8 fill in the blank 3317e1f6202df9c_9

    c. Sold $40,000 of the bonds at 103 plus accrued interest of $460.

    fill in the blank 2a9354034fc406c_2 fill in the blank 2a9354034fc406c_3
    fill in the blank 2a9354034fc406c_5 fill in the blank 2a9354034fc406c_6
    fill in the blank 2a9354034fc406c_8 fill in the blank 2a9354034fc406c_9
    fill in the blank 2a9354034fc406c_11 fill in the blank 2a9354034fc406c_12

    d. Received face value of remaining bonds at their maturity.

    fill in the blank 167958f84ff300a_2 fill in the blank 167958f84ff300a_3
    fill in the blank 167958f84ff300a_5 fill in the blank 167958f84ff300a_6

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