Journalize the entries to record the following selected bond investment transactions for Hall Trust $($refer to the Chart of Accounts for exact wording of account titles$)$:

Apr. $1$ Purchased for cash $$240,000$ of Medina City $6\%$ bonds at $100$ plus accrued interest of $$3,600,$ paying interest semiannually.

June $30$ Received first semiannual interest payment.

July $31$ Sold $$120,000$ of the bonds at $98$ plus accrued interest of $$600.$