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Jan. 1.2020 Purchased 50 11,550 Petal Co. 8% bonds for 77,500 cash. Interest is payable annually on January 1. Dec 31.2020 Accrued interest on the

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Jan. 1.2020 Purchased 50 11,550 Petal Co. 8% bonds for 77,500 cash. Interest is payable annually on January 1. Dec 31.2020 Accrued interest on the Petal Co. bonds. Jan.1,2021 Received interest on Petal Ca.bonds. fan:1,2021 Sold30petat Co, bonds for e51,925. Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no enitry Jan. 1.2020 Purchased 50 11,550 Petal Co. 8% bonds for 77,500 cash. Interest is payable annually on January 1. Dec 31.2020 Accrued interest on the Petal Co. bonds. Jan.1,2021 Received interest on Petal Ca.bonds. fan:1,2021 Sold30petat Co, bonds for e51,925. Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no enitry

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