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Journalize the entries to record the following selected bond investment transactions for Southwest Bank: Apr. 1 Purchased $400,000 of Daytona Beach 4.5% bonds at 100
Journalize the entries to record the following selected bond investment transactions for Southwest Bank:
Apr. 1 | Purchased $400,000 of Daytona Beach 4.5% bonds at 100 plus accrued interest of $4,500. |
July 1 | Received the first semiannual interest. |
Sept. 1 | Sold $250,000 of the bonds at 97, plus accrued interest of $1,875. |
If an amount box does not require an entry, leave it blank.
1. | fill in the blank 2 | fill in the blank 3 | |
fill in the blank 5 | fill in the blank 6 | ||
fill in the blank 8 | fill in the blank 9 | ||
2. | fill in the blank 11 | fill in the blank 12 | |
fill in the blank 14 | fill in the blank 15 | ||
fill in the blank 17 | fill in the blank 18 | ||
3. | fill in the blank 20 | fill in the blank 21 | |
fill in the blank 23 | fill in the blank 24 | ||
fill in the blank 26 | fill in the blank 27 | ||
fill in the blank 29 | fill in the blank 30 |
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