I am completely stuck and simply do not understand how to do the journal entries for questions like this, looking for any help explaining exactly how this works? Thank you! Vision Consulting Inc. purchased $80,000 of Gulf Corp. 8% bonds at a price of 98.5 on January 1, 2019. The bonds mature on December 31, 2021. Vision Consulting Inc. uses the straight-line method of amortizing any premium or discount on investments in bonds. At December 31, 2019 and 2020, the market value of the bonds is quoted at 98 and 99, respectively. Interest is paid out each year on December 31. Vision Consulting Inc. follows ASPE and management accounts for this investment at amortized cost. Show the entry to record the purchase of the bonds, the entry to be made on December 31, 2019, and the entry to be made on December 31, 2020.