1. Entries for bond (held-to-maturity) investments

   The following bond investment transactions were completed by Starks Company:

   Jan. 31	Purchased 30, $1,000 government bonds at 100 plus accrued interest of $150 (1 month). The bonds pay 6% annual interest on July 1 and January 1.
   July 1	Received semiannual interest on bond investment.
   Aug. 30	Sold 12, $1,000 bonds at 97 plus $120 accrued interest (2 months).

   a. Journalize the entries for these transactions. Assume a 360-day year. Do not round interim calculations. Round final answers to nearest dollar. If an amount box does not require an entry, leave it blank.

   Jan. 31		fill in the blank a6e516ffcfed00b_2	fill in the blank a6e516ffcfed00b_3
   		fill in the blank a6e516ffcfed00b_5	fill in the blank a6e516ffcfed00b_6
   		fill in the blank a6e516ffcfed00b_8	fill in the blank a6e516ffcfed00b_9
   July 1		fill in the blank a6e516ffcfed00b_11	fill in the blank a6e516ffcfed00b_12
   		fill in the blank a6e516ffcfed00b_14	fill in the blank a6e516ffcfed00b_15
   		fill in the blank a6e516ffcfed00b_17	fill in the blank a6e516ffcfed00b_18
   Aug. 30		fill in the blank a6e516ffcfed00b_20	fill in the blank a6e516ffcfed00b_21
   		fill in the blank a6e516ffcfed00b_23	fill in the blank a6e516ffcfed00b_24
   		fill in the blank a6e516ffcfed00b_26	fill in the blank a6e516ffcfed00b_27
   		fill in the blank a6e516ffcfed00b_29	fill in the blank a6e516ffcfed00b_30

   b. Journalize the December 31 adjusting entry for semiannual interest earned on the bonds. Assume a 360-day year. Do not round interim calculations. Round final answers to nearest dollar. If an amount box does not require an entry, leave it blank.

   Dec. 31		fill in the blank 1fca5c05d05f04a_2	fill in the blank 1fca5c05d05f04a_3
   		fill in the blank 1fca5c05d05f04a_5	fill in the blank 1fca5c05d05f04a_6

   c. Journalize the receipt of $18,000 at the bonds maturity on July 1. If an amount box does not require an entry, leave it blank.

   July. 1		fill in the blank 2a8433fcafa1073_2	fill in the blank 2a8433fcafa1073_3
   		fill in the blank 2a8433fcafa1073_5	fill in the blank 2a8433fcafa1073_6

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