Entries for investment in bonds, interest, and sale of bonds Gonzalez Company acquired $200,000 of Walker Co., 6% bonds on May amount. Interest is paid semiannually on May 1 and November 1. attheir Gonzalez Company sold $70,000 of the bonds for 97. EX 15-1 o 1. on Novembe 1, 081.1 Journalize entries to record the following in Year 1: a. The initial acquisition of the bonds on May 1. b. The semiannual interest received on November 1 c The sale of the bonds on November 1. d. The accrual of $1,300 interest on December 31