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Entries for Investment in Bonds, Interest, and Sale of Bonds Bocelli Co. purchased ( $ 51,000 ) of 5%, 15-year Sanz County bonds on May

image text in transcribedimage text in transcribed Entries for Investment in Bonds, Interest, and Sale of Bonds Bocelli Co. purchased \\( \\$ 51,000 \\) of 5\\%, 15-year Sanz County bonds on May 11, Year 1, directly from the county, at their face amount plus accrued interest. The bonds pay semiannual interest on April 1 and October 1. On October 31, Year 1, Bocelli Co. sold \\( \\$ 18,000 \\) of the Sanz County bonds at 103 plus \\( \\$ 75 \\) accrued interest less a \\( \\$ 605 \\) brokerage commission. Do not round interim calculations. Round final answers to nearest dollar. For a compound transaction, if an amount box does not require an entry, leave it blank. Assume a 360-day year. a. Provide the journal entry for the purchase of the bonds on May 11 plus 72 days of accrued interest. b. Provide the journal entry for the semiannual interest on October 1 . Year 1 Oct. 1 d. Provide the adjusting entry for accrued interest of \\( \\$ 275 \\) on December 31 , Year 1 . Year 1 Dec. 31

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