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Entries for bond (held-to-maturity) Investments Demopoulos Company acquired $139,200 of Marimar Co, 4% bonds on May 1 at their face amount. Interest is paid semiannually

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Entries for bond (held-to-maturity) Investments Demopoulos Company acquired $139,200 of Marimar Co, 4% bonds on May 1 at their face amount. Interest is paid semiannually on May 1 and November 1 . On November 1, Demopoulos Company sold $53,400 of the bonds for 96 . 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 1. May 1 b. The semlannual interest received on November 1. Nov. 1 c. The sale of the bonds on November 1 . Nov. 1 d. The accrual of $572 Interest on December 31

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