Instruction Journalize the entries to record the following selected transactions of Oliver Co.: Refer to the Chart of Accounts for exact wording of account titles. May 1 Purchased $100,000 of Kruse Co. 6% bonds at their face amount plus accrued interest of $2,000. July 1 Received first semiannual interest payment Sept. 1 Sold the bonds at 97 plus accrued interest of $1,000