Exercise 12-2 Jenek Corporation had the following transactions pertaining to debt investments Jan. 1 July 1 July 1 Purchased 60 8%, $1,900 Leeds Co. bonds for $114,000 cash. Interest is payable semiannually on July 1 and January 1. Received semiannual interest on Leeds Co. bonds. Sold 36 Leeds Co. bonds for $77,520. Your answer is partially correct. Try again. Journalize the transactions. (Round answers to o decimal places, e.g. 5,275. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No entry" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Credit Debt Investments 114000 Cash 114000 Pauly 1 Cash 80 Interest Payable (To record interest received) Fuly 1 Tcash 68400 (To record sale of bonds) x Your answer is incorrect. Try again. Prepare the adjusting entry for the accrual of interest at December 31. (Round answers to 0 decimal places, e.g. 5,275. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter o for the amounts.) Debit Credit Date Account Titles and Explanation Dec. 31