Current Attempt in Progress On January 1, 2020, Bramble Company purchased 10% bonds having a maturity value of $220,000, for $237,567.22. The bonds provide the bondholders with a 8% yield. They are dated January 1, 2020, and mature January 1, 2025, with interest received on January 1 of each year. Bramble Company uses the effective-interest method to allocate unamortized discount or premium. The bonds are classified in the held-to-maturity category. (a) Your answer has been saved. See score details after the due date. Prepare the journal entry at the date of the bond purchase. (Enter answers to 2 decimal places, e.g. 2,525.25. 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 O for the amounts.) Date Account Titles and Explanation Jan. 1, 2020 Debt Investments Cash Debit 237,567.22 Credit 237,567.22 Date Cash Received 1/1/20 1/1/21 Schedule of Interest Revenue and Bond Premium Amortization Effective-Interest Method Interest Revenue 22000 19005.38 1/1/22 22000 18765.81 EA Premium Amortized 2994.62 3234.19 1/1/23 22000 18507.07 3492.93 1/1/24 22000 18227.64 3772.36 1/1/25 22000 17925.85 4074.15 LA Carrying of Bc Prepare the journal entry to record the interest revenue and the amortization at December 31, 2020. (Round answers to 2 decimal places, e.g. 2,525.25. 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 O for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31, 2020 Interest Receivable Debt Investments Interest Revenue 22000 2994.62 19005.38 Prepare the journal entry to record the interest revenue and the amortization at December 31, 2021. (Round answers to 2 decimal places, e.g. 2,525.25. 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 O for the amounts.) Date Account Titles and Explanation Dec. 31, 2021 Debit Credit