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 $120,000 of Iceline, Inc. 5% bonds at 100 plus accrued interest of $1,000, paying interest semiannually- E b. Received first semiannual interest payment. C. Sold $60,000 of the bonds at 101 plus accrued interest of $500. For a compound transaction, if an amount box does a. Purchased for cash $120,000 of Iceline, Inc. 5% Accounts Receivable b. payment. Cash Interest Receivable Interest Revenue Investments-Iceline Inc. Bonds Notes Receivable c. Sold $60,000 of the bonds at 101 plus accrued in