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January 1^st purchased 800 shares of Honeywell Corporation common stock for $19 per share. January 1^st purchased 200, ($1000 each) 6% bonds from King Shipping
January 1^st purchased 800 shares of Honeywell Corporation common stock for $19 per share. January 1^st purchased 200, ($1000 each) 6% bonds from King Shipping Corporation for $214,000. Interest is received semi-annually on July 1^st and January 1^st. May 31 received a cash dividend of $1.50 per share from Honeywell Corporation June 30 Accrue interest on King shipping Corporation Bonds July 1 Receive interest from King Shipping Corporation Bonds Sept. 16 Sold 150 shares of Honeywell Corporation for $24 per share. Dec. 31 sold the 200 King Shipping Corporation bonds for $206,000. Instructions Journalize the transactions
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