Exercise 17-2 On January 1, 2015, Jennings Company purchased at par 10% bonds having a maturity value of 300,000. They are dated January 1, 2015, and mature January 1, 2020, with interest receivable December 31 of each year. The bonds are held to collect contractual cash flows. Prepare the journal entry at the date of the bond purchase. (Credit account titles are automatically indented when the 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.) Date Account Titles and Explanation Debit Credit January 1, 2015 Prepare the journal entry to record the interest received for 2015. (Credit account titles are automatically indented when the 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.) Date Account Titles and Explanation Debit Credit December 31, 2015 Prepare the journal entry to record the interest received for 2016. (Credit account tities are automatically indented when the 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.) Date Account Titles and Explanation Debit Credit December 31, 2016