For each of the bonds listed below, record the three requested journal entries.
Dates and descriptions are not required.
The Dorchester Company invested $100,000 in 5-year bonds. The bonds were purchased at par and bear interest at a rate of 8% per annum, payable semiannually.
(a)	Prepare the journal entry to record the initial investment.
(b)	Prepare the journal entry that Dorchester would record on each interest date.
(c)	Prepare the journal entry that Dorchester would record at maturity of the bonds.
a	Investment in bond	100,000
	Cash		100,000
b	Cash	4,000
	Interest income		4,000
c	Cash	100,000
	Investment in bond		100,000
The Dorchester Company invested $100,000 of face amount of 5-year bonds. The bonds were purchased at 103 and bear interest at a stated rate of 8% per annum, payable semiannually.
(a)	Prepare the journal entry to record the initial investment.
(b)	Prepare the journal entry that Dorchester would record on each interest date.
(c)	Prepare the journal entry that Dorchester would record at maturity of the bonds.
a
b
c
The Dorchester Company invested $100,000 of face amount of 4-year bonds. The bonds were purchased at 98 and bear interest at a stated rate of 8% per annum, payable semiannually.
(a)	Prepare the journal entry to record the initial investment.
(b)	Prepare the journal entry that Dorchester would record on each interest date.
(c)	Prepare the journal entry that Dorchester would record at maturity of the bonds.