Entries for bond (held-to-maturity) investments Demopoulos Company acquired $178,800 of Marimar Co., 5% bonds on May 1 at their face" amount. Interest is paid semiannually on May 1 and November 1. On November 1, Demopoulos Company sold $55,200 of the bonds for 98. Journalize the entries to record the following: If an amount box does not require a entry, leave it blank. a. The initial acquisition of the bonds on May 1. May 1 b. The semiannual interest received on November 1. Nov. 1 c. The sale of the bonds on November 1, Nov. 1 d. The accrual of $1,030 interest on December 31. Dec. 31 Previous Next