EX 15-3 Entries for investment in bonds, interest, and sale of bonds OBJ.2 purchased $120,000 of 6%, 20-year Sanz County bonds on May 11, Year 1, directly from the county, at their face amount plus accrued interest. The bonds pay semiannual interest on April 1 and October 1. On October 31, Year 1, Bocelli Co. sold $30,000 of the Sanz County bonds at 99 plus $150 accrued interest less a $100 brokerage commission. Provide journal entries for the following: a. The purchase of the bonds on May 11 plus 40 days of accrued interest. b. Semiannual interest on October 1 c. Sale of the bonds on October 31. d. Adjusting entry for accrued interest of $1,365 on December 31, Year 1