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can soneone pkease help? Sunland Company purchased, on January 1, 2025, as an available-for-sale security, $84,000 of the 7%,5-year bonds of Page Corporation for $77,465,

can soneone pkease help?
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Sunland Company purchased, on January 1, 2025, as an available-for-sale security, $84,000 of the 7%,5-year bonds of Page Corporation for $77,465, which provides an 9% return. Prepare Sunland's journal entries for (a) the purchase of the investment, (b) the receipt of annual interest and discount amortization, and (c) the year-end fair value adjustment. (Assume a zero balance in the Fair Value Adjustment account) The bonds have a year-end fair value of $79,800. Assume effective-interest amor tization is used, (List all debit entries before credit entrles. Credit account titles are. automotically indented when amount is entered. Do not indent manuolly. If no entry is required, select "No Entry" for the occount titles and enter 0 for the amounts. Round answers to O decimal places, eg 1,225. Sunland Company purchased, on January 1,2025, as an available-for-sale security, $84,000 of the 7%,5-year bonds of Page Corporation for $77,465, which provides an 9% return. Prepare Sunland's journal entries for (a) the purchase of the investment, (b) the receipt of annual interest and discount amortization. and (c) the year-end fair value adjustment. (Assume a zero balance in the Fair Value Adjustment account.) The bonds have a year-end fair value of $79,800. Assume effective -interest amortization is used. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, eg. 1,225. J

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