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Bond Investment Transactions Journalize the entries to record the following selected bond investment transactions for Starks Products: For a compound transaction, if an amount box

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Bond Investment Transactions Journalize the entries to record the following selected bond investment transactions for Starks Products: For a compound transaction, if an amount box does not require an entry, leave it blank. a. Purchased for cash $102,000 of Iceline, Inc. 9% bonds at 100 plus accrued interest of $1,530, paying interest semiannually, Investments-Iceline, Inc. Bonds Interest Receivable Cash 002 Feedback b. Received first semiannual interest payment. Cash Interest Receivable Interest Revenue Foedback c. Sold $68,000 of the bonds at 103 plus accrued interest of $780. Cash Interest Revenue 1110 1111 Gain on Sale of Investments Investments-Iceline, Inc. Bonds

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