Entries for Investment in Bonds, Interest, and Sale of Bonds Parilo Company acquired $155,400 of Makofske Company, 6% bonds on May 1, 2015, at their face amount. Interest is paid semiannually on May 1 and November 1. On November 1, 2015, Parfo sold $55,200 of the bonds for 96: 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 b. The semiannual interest received on November 1. 1 2015 Nov. 1 c. The sale of the bonds on November 1. 2015 Nov. 1 d. The accrual of $1.002 1nterest on December 31, 2015.