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Entries for bond (heid-to-maturity) investments Demopoulos Company acquired $150,000 of Marimar Co, 6% bonds on May 1 at their face amount. Interest is paid semiannualiy

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Entries for bond (heid-to-maturity) investments Demopoulos Company acquired $150,000 of Marimar Co, 6% bonds on May 1 at their face amount. Interest is paid semiannualiy on May 1 and November 1 . On November 1, Demopoulos Company sold $55,000 of the bonds for 98. Journalize the entries to record the following: If an amount box does not require an entry, leave it blank. a. The initial acquisition of the bonds on May t.. May 1 b. The semiannual interest received on November 1 . Nov. 1 d. The accrual of $950 interest on December 31

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