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Jenek Corporation had the following transactions pertaining to debt investments. 1. Purchased 40 8%, $1, 900 Leeds Co. bonds for $76,000 cash. Interest is payable

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Jenek Corporation had the following transactions pertaining to debt investments. 1. Purchased 40 8%, $1, 900 Leeds Co. bonds for $76,000 cash. Interest is payable annually on January 1, 2017 2. Accrued interest on Leeds Co. bonds on December 31, 2017. 3. Received interest on Leeds Co. bonds on January 1, 2018. 4. Sold 24 Leeds Co. bonds for $51, 680 on January l, 2018. Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented 5, 275.)

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