Castle Investments completed the following investment transactions during 2024: Click the icon to view the investment transactions.) Read the requirements Requirement 1. Journalize Castle's investment transactions. Explanations are not required. (Record debits first, then credits. Select the explanation on the last line of the journal entry table. If no entry is required, select "No entry required" on the first line of the Accounts and Explanation column and leave the remaining cells blank) Begin by Journalizing Castle's investment on January 5, 2024. Date Accounts and Explanation Debit Credit 2024 Jan 5 Choose from any tist or enter any number in the input fields and then click Check Answer Check Answer Clear All 5 parts remaining UTCA CARCERS TUR you X More Info 2024 Jan. 5 Purchased Varna Company's $575,000 bond at face value. Castle classified the investment as available-for-sale. The Varna bond pays interest at the annual rate of 4% on June 30 and December 31 and matures on December 31, 2029. Management's intent is to keep the bonds for several years. Received an interest payment from Varna. Jun. 30 Dec. 31 Received an interest payment from Varna, Dec. 31 Adjusted the investment to its current market value of $567,000. Print Done Requirements X - 1. Journalize Castle's investment transactions. Explanations are not required. 2. Prepare a partial balance sheet for Castle's Varna investment as of December 31, 2024. 3. Prepare a comprehensive income statement for Castle Investments for year ended December 31, 2024. Assume net income was $260,000. Print Done