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Entries for Investments in Bonds, Interest, and Sale of Bonds Kalyagin Investments acquired $251,600 Jerris Corp., 7% bonds at their face amount on October 1,
Entries for Investments in Bonds, Interest, and Sale of Bonds Kalyagin Investments acquired $251,600 Jerris Corp., 7% bonds at their face amount on October 1, 2012. The bonds pay interest on October 1 and April 1. On April 1, 20Y3, Kalyagin sold $80,400 of Jerris bonds at 104. Journalize the entries to record the following: Do not round interim calculations. Round final answers to nearest dollar. For a compound transaction, if an amount box does not require an entry, leave it blank. a. The initial acquisition of the Jerris Corp. bonds on October 1, 20Y2. 2012 Oct. 1 b. The adjusting entry for three months of accrued interest earned on the Jerris Corp. bonds on December 31, 20Y2. 20Y2 Dec. 31 C. The receipt of semiannual interest on April 1, 20Y3. 20Y3 Apr. 1 d. The sale of $80,400 of Jerris Corp. bonds on April 1, 20Y3, at 104. 20Y3 Apr. 1 Antries for them in Bandar Se Ronnie Kalyan Tvrtments am 251,600 ICT, at their famount on October 2017. The hands a internet an Orther dll. On 123. i 40 of the test 104. This the treshe record the twins Dornirterte calculator Round that answers to reset clar. For mandation, an anton boeces not require an entry, it hurk, a. The initial acouton cf the Jerric Corp. bonds on October, 2012 2012 O. 1. the auctiory for three months accrued imestamed on the core bands of Lorber 21, 2012. 292 Dec. 31 The root uit op 2013 203 pr. 1 d. The act 3 400 at Setle Coreansere Apr 23 st 104 201
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