Carfa Vista Company purchased 70 Rinchart Company 5%,10-year, $1,000 bonds on January 1,2022, for $70,000, The bands pay Prepare the journal entries to record the transactions described above. (Uat all dabit entries before crefit entriex. Credit occount biles ore automotically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the octount tities and enter Ofor the omounts. Record journal entries in the onder presented in the probiem, Carta Vista Company purchased 70 Rinchart Company 5%,10 year, $1.000 bonds on January 1,2022 , for $70,000. The bondipay interest arnually on January 1 . On fanuary 1,2023, after recelpt of interest, Carta Vista Company sold 40 of the bonds for $35,200 Prepare the journal entries to record the transactions described above. (What all debit entries before credit entries Credit occount bities art automatically indented when amount is entered. Do not indent manually. If no entry is required, select 'No entry' for the occount tieles and enter Ofor the amounts. Record journal entries in the order presented in the