Exercise 9-2 On January 1, 2017, Blue Spruce Corp. purchased at par 12% bonds having a maturity value of $294,000. They are dated January 1, 2017, and mature on January 1, 2022, with interest receivable on December 31 of each year. The bonds are accounted for using the amortized cost model Prepare the journal entry to record 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 0 for the amounts.) Date Account Titles and Explanation Debit Credit January 1 Prepare the journal entry to record the interest received for 2017. (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 ente 0 for the amounts.) Date Account Titles and Explanation Debit Credit December 31 Prepare the journal entry to record the interest received for 2018. (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 0 for the amounts.) Date Account Titles and Explanation Debit Credit December 31