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Entries for bond (held-to-maturity) investments Demopoulos Company acquired $150,000 of Marimar Co., 6% 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 $150,000 of Marimar Co., 6% bonds on May 1 at their face amount. Interest is paid semiannually 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 1. May 1 b. The semiannual interest received on November 1 . c. The sale of the bonds on November 1 . Nor d. The accrual of $950 interest on December 31

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