Entries for Investment in Bonds, Interest, and Sale of Bonds Parilo Company acquired $192,600 of Makofske Company, 7% bonds on May 1, 2015, at their face amount. Interest is paid semiannually on May 1 and November 1. On November 1, 2015, Parilo sold $53,400 of the bonds for 97. Journalize the entries to record the following under the cost method: If an amount box does not require an entry, leave it blank. a. The initial acquisition of the bonds on May 1. 2015 May 1 38 88 b. The semiannual interest received on November 1. 2015 Nov. 1 c. The sale of the bonds on November 1. 2015 Nov. 1 88 d. The accrual of $1,624 interest on December 31, 2015 2015 Dec. 31 38 Check My Work 5 more Check My Work uses remaining Previous Next> Emal Instructor Save and Ex Submit Assignment for Grading