Journal

Instructions

Soto Industries Inc. is an athletic footware company that began operations on January $1,20$Y$3.$ The following are bond $($held$-$to$-$maturity$)$ transactions by Soto Industries Inc., which has a fiscal year ending on December $31$ :

Record these transactions on page $10$

$\backslash$table$[[$Apr$.,1,\backslash$table$[[$Purchased $$83,400$ of Welch Co$.7\%,15-$year bonds at their face amount plus accrued interest of$],[$$$973.$ The bonds pay interest semiannually on March $1$ and September $1.]]],[$June$,1,\backslash$table$[[$Purchased $$62,400$ of Bailey $6\%,10-$year bonds at their face amount plus accrued interest of $$156.],[$The bonds pay interest semiannually on May $1$ and November $1.]]]]$