if BondInvestmentTransactions

Journalize the entries to record the following selected bond investment transactions for Starks Products:

For a compound transaction, if an amount box does not require an entry, leave it blank.

a.Purchased for cash $114,000 of Iceline, Inc. 9% bonds at 100 plus accrued interest of $1,710, paying interest semiannually.

Investments-Iceline, Inc. Bonds

fill in the blank 634fcdf85fe1f83_2

fill in the blank 634fcdf85fe1f83_3

Interest Receivable

fill in the blank 634fcdf85fe1f83_5

fill in the blank 634fcdf85fe1f83_6

Cash

fill in the blank 634fcdf85fe1f83_8

fill in the blank 634fcdf85fe1f83_9

b.Received first semiannual interest payment.

Cash

fill in the blank 81a8990a0fcf018_2

fill in the blank 81a8990a0fcf018_3

Interest Receivable

fill in the blank 81a8990a0fcf018_5

fill in the blank 81a8990a0fcf018_6

Interest Revenue

fill in the blank 81a8990a0fcf018_8

fill in the blank 81a8990a0fcf018_9

c.Sold $76,000 of the bonds at 103 plus accrued interest of $870.

Cash

fill in the blank faa8d907cfaafe8_2

fill in the blank faa8d907cfaafe8_3

Interest Revenue

fill in the blank faa8d907cfaafe8_5

fill in the blank faa8d907cfaafe8_6

fill in the blank faa8d907cfaafe8_8

fill in the blank faa8d907cfaafe8_9

Investments-Iceline, Inc. Bonds