Entries for Investment in Bonds, Interest, and Sale of Bonds Gonzalez Company acquired $205,200 of Walker Co., 6% bonds on May 1 at their face amount. Interest is paid semiannually on May 1 and November 1. On November 1, Gonzalez Company sold $54,600 of the bonds for 97. Journalize entries to record the following in Year 1:1 For a compound transaction, if an amount box does not require an entry, leave it blank. a. The initial acquisition of the bonds on May 1. May 1 Investments Walker Co. Bonds Cash b. The semiannual interest received on November 1. Nov. 1 Cash Interest Revenue Foodback Cled My b. Bond face amount x interest rate x part of a year interest revenue (credit) and Cash (debit). c. The sale of the bonds on November 1 Nov. 1 Cash