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Entries for Investment in Bonds, Interest, and Ssie of Bonds: interest on April 1 and October 1. On October $1, Year 1, Bocelli Co, sold

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Entries for Investment in Bonds, Interest, and Ssie of Bonds: interest on April 1 and October 1. On October \$1, Year 1, Bocelli Co, sold $12,000 of the Sant Courty bonds at 101 plus $50 acconed interest less a $135 broherage commsion. ves. a. Provide the youmal entry for the purchase of the bonds on May 11 plus 72 days of accrued interest. Year 1 May. rement plus interest recervable: b. Provide the dournal entry fiar the semannul interest on October i. Provide the journal entry for the sale of the bonds on October 31. Year 10 Feedback Check My Work c. Calculate the proceeds: 101% hry face amount of bonds sold, plus accrued int bonds sold and credit interest revenue for accrued interest amount. To complet amount + accrued interest as a gain or loss. d. Provide the adjusting entry for accrued interest of $225 on December 31, Year 1. Year 1 Dec. 31

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