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Entries for Investment in Bonds, Interest, and Sale of Bonds Parilo Company acquired $135,600 of Makofske Company, 8% bonds on May 1, 20Y5, at their face amount. Interest is paid semiannually on May 1 and November 1 . On November 1,20 Y, Parilo sold $60,000 of the bonds for 97. Joumalize the entries to record the following under the cost method: If an amount box does not require an entry, leave it blank. a. The initial acquisition of the bonds on May 1. 20 Y 5 May 1 b. The semiannual interest received on November 1 . 20Y5 Nov. 1 c. The sale of the bonds on November 1. 20Y5 NoV. 1 d. The accrual of $1,008 interest on December 31,20 Y. Entries for Investment in Bonds, Interest, and Sale of Bonds Parilo Company acquired $135,600 of Makofske Company, 8% bonds on May 1, 20Y5, at their face amount. Interest is paid semiannually on May 1 and November 1 . On November 1,20 Y, Parilo sold $60,000 of the bonds for 97. Joumalize the entries to record the following under the cost method: If an amount box does not require an entry, leave it blank. a. The initial acquisition of the bonds on May 1. 20 Y 5 May 1 b. The semiannual interest received on November 1 . 20Y5 Nov. 1 c. The sale of the bonds on November 1. 20Y5 NoV. 1 d. The accrual of $1,008 interest on December 31,20 Y