Instructions Pariio Company acquired $158.400 of Makofske Co, 6% bonds on May 1, 2045, at their face amount. Interest is paid somiannually on May 1 and November 1. on November 1, 2045, Parilo sold $47.400 of the bonds for 05. Journalze ontros to record the following frater to the cohort of Accounts for exact wording of account mos): b The initial acquisition of two bonds on May 1 The semiannual meront received on November 1 The sale of the bonds on November 1 The accrual of $1,110 interest on December 31, 2045, d Chart of Accounts CHART OF ACCOUNTS Parilo Company General Ledger ASSETS REVENUE 410 Sales 611 Interest Revenue 612 Dividend Revenue 631 Gain on Sale of investments 641 Unrealized Gain on Trading Investments 7 110 Cash 111 Petty Cash 120 Accounts Receivable 121 Allowance for Doubtful Accounts 131 Notes Receivable 132 Interest Receivable 141 Merchandise Inventory 145 Office Supplies 146 Store Supplies 151 Prepaid Insurance 161 Investments-Makofske Co. Bonds 165 Valuation Allowance for Trading Investments 166 Valuation Allowance for Available for Sale Investments 8 9 10 EXPENSES 511 Cost of Merchandise Sold 512 Bad Debt Expense 515 Credit Card Exponse 516 Cash Short and Over 520 Salaries Exponse 531 Advertising Expense Chart of Accounts TESTIGIO EXPENSES 511 Cost of Merchandise Sold 512 Bad Debt Expense 515 Credit Card Expense 516 Cash Short and Over 141 Merchandise Inventory 145 Office Supplies 146 Store Supplies 151 Prepaid Insurance 161 Investments- Makofske Co. Bonds 165 Valuation Allowance for Trading Investments 166 Valuation Allowance for Available for Sale Investments 181 Land 191 Store Equipment 192 Accumulated Depreciation Store Equipment 193 Office Equipment 194 Accumulated Depreciation Office Equipment 520 Salaries Expense 531 Advertising Expense 532 Delivery Expense 533 Repairs Expense 534 Selling Expenses 535 Rent Expense 536 Insurance Expense 537 Office Supplies Expense 538 Store Supplies Expense 561 Depreciation Expense-Store Equipment 562 Depreciation Expense-Office Equipment 590 Miscellaneous Expense 710 Interest Expense LIABILITIES 210 Accounts Payable 221 Notes Payable 231 Interest Payable 241 Salaries Payable Jo Chart of Accounts 210 Accounts Payable 221 Notes Payable 231 Interest Payable 241 Salaries Payable 251 Sales Tax Payable 1 561 Depreciation Expense-Store Equipment 562 Depreciation Expense-Office Equipment 590 Miscellaneous Expense 710 Interest Expense 731 Loss on Sale of investments 741 Unrealized Loss on Trading Investments 2 EQUITY 311 Common Stock 312 Pald-In Capital in Excess of Par Common Stock 321 Preferred Stock 322 Paid-in Capital in Excess of Par-Preferred Stock 331 Treasury Stock 332 Paid-In Capital from Sale of Treasury Stock 340 Retained Earnings 350 Unrealized Gain (Loss) on Available-for-Sale Investments 351 Cash Dividends 352 Stock Dividends 390 Income Summary Journal Journalizo entries to record the transactions. Refer to the Chart of Accounts for exact wording of account titles PAGE 10 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST.ACT BAIT Carter LABILITIES 1 COUNTY 1 7 Adjusting Entries 10