F G H On January 1, 2020, Golden Company purchased 5% bonds, having a maturity value of $500,000 for $428,938. The bonds provide bondholders with a 7% yield. They are dated January 1, 2020, and mature January 1, 2030, with interest receivable June 30 and December 31 of each year. Golden Company has classified the investment as available for sale. The fair value of the bonds at December 31 of each year-end is as follows: 2020 $430,000 2021 425,000 2022 420,000 2023 450,000 2024 470,000 2021 425.000 la H 1 A B D E F (a) Prepare the journal entry at the date of the bond purchase. 5 6 (b) Prepare the journal entry to record the interest received and recognition of fair value for 2020. 17 32 Prepare the journal entry to record the interest received and recognition of fair value | 33 (c) for 2021 24