Entries for Investment in Bonds, Interest, and Sale of Bonds Gonzalez Company acquired $165,600 of Walker Co., 6% bonds on May 1 at their face amount. Interest is paid serniannually on May 1 and November 1. on November 1. Gonzalez Company sold $50,400 of the bonds for 99. Journalize entries to record the following in Year 1: For a compound transaction, if an amount box does not require an entry, teave it blank. a. The initial acquisition of the bonds on May May 1 b. The semiannual interest received on November 1. Nov. 1 c. The sale of the bonds on November 1. Nov. 1 d. The accrual of $1,152 Interest on December 31 Dec. 31 Check My Work 10 more Check My Work tes roming