Instructions Chart of Accounts Journal Instructions Apr. June July Aug. 1 Purchased for cash $420,000 of Vasquez City 6% bonds at 100 plus accrued interest of $6,300. Received first semiannual interest payment. 31 Sold $210,000 of the bonds at 99 plus accrued interest of $1,050. 1 Received face value of remaining bonds at their maturity. 30 Required: Journalize the entries to record the above selected bond investment transactions for Beacon Trust. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered.

Apr. 1 Purchased for cash $420,000 of Vasquez City 6% bonds at 100 plus acerued interest of $6,300. June 30 Received tirst semiannual interest payment. July 31 Sold $210,000 of the bonds at 99 plus aocrued interest of $1,050. Aug. 1 Recened face value of remaining bonds at their maturity. Required: Joumalie the entries to record the above selected bond investment transactions for Beacan Trust. Refer to the chart of accounts for the exact wording of the account titles, CNOW joumals do not use ines for joumal explanasions. Every hne on a joumal page is used for dobv or credir entries. CNOW joumals wil automaticaly indent a credt entry when a credit amount is entered Apr. 1 Purchased for cash $420,000 of Vasquez City 6% bonds at 100 plus acerued interest of $6,300. June 30 Received tirst semiannual interest payment. July 31 Sold $210,000 of the bonds at 99 plus aocrued interest of $1,050. Aug. 1 Recened face value of remaining bonds at their maturity. Required: Joumalie the entries to record the above selected bond investment transactions for Beacan Trust. Refer to the chart of accounts for the exact wording of the account titles, CNOW joumals do not use ines for joumal explanasions. Every hne on a joumal page is used for dobv or credir entries. CNOW joumals wil automaticaly indent a credt entry when a credit amount is entered