insurance companies and pension plans hold large quantities of bond investments. College Insurance Corp. purchased $ 1 comma 500 commas 000 of 8.0 % bonds of Smith, Inc., for 99 on January 1 comma 2018. These bonds pay interest on January 1 and July 1 each year. They mature on January 1, 2022. College Insurances fiscal year-end is October 31.

1. Journalize College's purchase of the bonds as a long-term investment on January 1, 2018, (to be held to maturity), receipt of cash interest, and amortization of the bond discount on July 1, 2018. The straight-line method is appropriate for amortizing bond investment.

2. Journalize the accrual of interest receivable and amortization of the discount on October 31, 2018 (round the answer to the nearest whole number).

It's been giving me problems