Instructions Chart of Accounts General Ledger Journalize the entries to record the following selected bond investment transactions for Hall Trust (refer to the Chart of Accounts for exact wording of account titles) ASSETS REVENUE Apr. 1 110 Cash 410 Sales 611 Interest Revenue Purchased for cash $240.000 of Medina City 8% bonds at 100 plus accrued interest of $3,800, paying interest semiannually Received first semiannual interest payment. Sold $120,000 of the bonds at 98 plus accrued interest of 5600 111 Petty Cash 120 Accounts Receivable June 30 612 Dividend Revenue July 31 121 Allowance for Doubtful Accounts 131 Notes Receivable 132 Interest Receivable 631 Gain on Sale of Investments 841 Unrealized Gain on Trading Investments EXPENSES 511 Cost of Merchandise Sold 512 Bad Debt Expense 516 Cash Short and Over 141 Merchandise Inventory 145 Office Supplies 101 Investments-Medina City Bonds 165 Valuation Allowance for Trading Investments 166 Valuation Allowance for Available-for-Sale Investments 181 Land 193 Office Equipment 194 Accumulated Depreciation Office Equipment ournal oumalize the entries to record the transactions. Refer to the Chart of Accounts for exact wording of account titles 520 Salaries Expense 531 Advertising Expense 534 Selling Expenses 535 Rent Expense 537 Office Supplies Expense 562 Depreciation Expense-Office Equipment 500 Miscellaneous Expense 710 Interest Expense LIABILITIES PAGE 10 JOURNAL ACCOUNTING EQUATION 210 Accounts Payable 221 Notes Payable 231 Interest Payable 241 Salaries Payable 731 Loss on Sale of Investments 741 Unrealized Loss on Trading Investments DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY + EQUITY 3 311 Common Stock 4 312 Paid-In Capital in Excess of Par-Common Stock 321 Preferred Stock 322 Paid-In Capital in Excess of Par-Preferred Stock 5 331 Treasury Stock 7 3 332 Paid-In Capital from Sale of Treasury Stock 340 Retained Earnings 350 Unrealized Gain (Loss) on Available-for-Sale Investments 351 Cash Dividends 9 352 Stock Dividends 390 Income Summary