FF&T Corporation is a confectionery wholesaler that frequently buys and sells securities to meet various investment objectives. The following selected transactions relate to FF&T's investment activities during the last two months of 2021. At November 1, FF&T held $48 million of 20-year, 10% bonds of Convenience, Inc., purchased May 1, 2021, at face value. Management has the positive intent and ability to hold the bonds until maturity. FF&T's fiscal year ends on December 31. Nov. 1 Received semiannual interest of $2.4 million from the Convenience, Inc., bonds. Dec. 1 Purchased 12% bonds of Facsimile Enterprises at their $40 million face value, to be held until they mature in 2024. Semiannual interest is payable May 31 and November 30. 31 Purchased U.S. Treasury bills to be held until they mature in two months for $10.9 million. 31 Recorded any necessary adjusting entry(s) relating to the investments. The fair values of the investments at December 31 were: Convenience bonds Facsimile Enterprises bonds U.S. Treasury bills $45.2 million 40.5 million 10.9 million Required: Prepare the appropriate journal entry for each transaction or event. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) :X 1 Received semiannual interest of $2.4 million from the Convenience, Inc., bonds. 2 Purchased 12% bonds of Facsimile Enterprises at their $40 million face value, to be held until they mature in 2024. Semiannual interest is payable May 31 and November 30. 3 Purchased U.S. Treasury bills to be held until they mature in two months for $10.9 million. 4 Record the interest accrued on Convenience, Inc. bonds. 5 Record the interest accrued on Facsimile Enterprises bonds. 6 Prepare any journal entry needed to adjust the investments for fair value. View transaction list View journal entry worksheet No Date General Journal Debit Credit Nov 01 Cash 2.4 Interest revenue 2.4 2 Dec 01 Investment in bonds 40.0 Cash 40.0 3 Dec 31 Investment in bonds 10.9 Cash 10.9 4 Dec 31 Investment in bonds 0.8 Investment in bonds 0.4 Interest revenue 1.2 N 5 Dec 31 No Transaction Recorded 6 Dec 31 No Transaction Recorded