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Kurtyka Corporation had the following transactions relating to debt investments: Jan. 1, 2017 Purchased 40 $1,700, 14% Spiller Company bonds for $68,000. Interest is payable

Kurtyka Corporation had the following transactions relating to debt investments:
Jan. 1, 2017 Purchased 40 $1,700, 14% Spiller Company bonds for $68,000. Interest is payable annually on January 1.
Dec 31, 2017 Accrued interest on Spiller Company bonds.
Jan. 1, 2018 Received interest from Spiller Company bonds.
Jan. 1, 2018 Sold 24 Spiller Company bonds for $39,100.
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Do It! Review 12-1 Kurtyka Corporation had the following transactions relating to debt investments: Jan. . Purchased 40 $1,700, 14% Spiller Company bonds for $68,000. 2017 Interest is payable annually on January 1. Dec 2012 Accrued interest on Spiller Company bonds. **2018 Received interest from Spiller Company bonds. 2018 Sold 24 Spiller Company bonds for $39,100. Journalize the transactions. (Credit account titles are automatically Indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter o for the amounts. Record journal entries in the order presented in the problem.) Twee and Tornis Jan 1, 2018 To record le of hoods SHOWLING ACCOUNTS LINK TO TEXT Prepare the adjusting entry for the accrual of interest on December 31, 2017. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter o for the amounts.) Ac i des and Explanation SHOW LIST OF ACCOUNTS

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