CALCULATOEFL SEEN INTEREST Exercise 12-3 Flynn Company purchased 50 Rinehart Company 11%, 10-year $1,300 bonds on January 1, 2015, for $65.000. The bonds pay interest semiannually on July 1 and January 1. On January 1, 2016. ter receipt of interest, Flynn Company sold 30 of the bonds for $35,750. Prepare the journal entries to record the transactions described above. (Hound answers to decimal places,c., 5.275. Credit account titles are automatically indented when amount is entered. Do not inden ma lly. If no entry is requin select "No entry" for the account titles and enter for the amounts.) Date ACC Titles and Explanation Jary 1, 2015 dy 1, 2015 December 31, 2015 L 2016 ay 2016 AMSUNG CALCULATOR FULL SCREEN January 1, 2015 July 1, 2015 December 31, 2015 January 1, 2016 (To record receipt of interest) January 1, 2016 (To record sale of bonds) Question Attempts of used SAW son ovas pol o 2000-2020 sohe Woor asons, inc. All Rights Reserved. A civiation of sotonour SAMSUNG