GPs puthased $50,000 of 7% AKL bonds on January 1, 2018, at a price of 1042 when the market rate of interest was 0% Glimmer intends to hold the bonds until their maturity date of January 1, 2023 The bonds pay sly on each Janary 5 and July 1 l the o Make the Fs tingenes that Gmmer Foote would need to make on December 31, 2018, related to the investment in AKL bonds (Recards frst, then credits Exclude explanations from any journal entr they for the interest receivable at December 31, 2018 Dec Date 31 Journal Entry Accounts Debit Credit Requirements Make the adjusting eries that Glimmer Podis would need to make on December 31, 2018, raded to the investment in AL, bonds. How would the bonds be reported on Gimmer Poy balance sheet as of December 31, 2018? What amount of interest revenue related to the AKL bonds would be reported on Glimmer Pools income statement for the year ended December 31, 2018 Print Done - X