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Journal entry worksheet Record the interest revenue on December 31, 2024. Note: Enter debits before credits. Journal entry worksheet Record the interest revenue on June

image text in transcribedimage text in transcribedimage text in transcribed Journal entry worksheet Record the interest revenue on December 31, 2024. Note: Enter debits before credits. Journal entry worksheet Record the interest revenue on June 30, 2024. Note: Enter debits before credits. The Bradford Company issued 13\% bonds, dated January 1, with a face amount of $80 million on January 1, 2024 to Saxton-Bose Corporation. - The bonds mature on December 31, 2033 (10 years). - For bonds of similar risk and maturity, the market yield is 14% - Interest is paid semiannually on June 30 and December 31. Required: 1. to 3. Prepare the journal entries to record the purchase of the bonds by Saxton-Bose on January 1, 2024, interest revenue on June 30, 2024 and interest revenue on December 31, 2024 (at the effective rate). Note: Enter your answers in whole dollars. If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Use tables, Excel, or a financial calculator. (FV of \$1, PV of \$1, FVA of \$1, PVA of \$1, FVAD of \$1 and PVAD of \$1)

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