$$ Monster Inc purchased Wonka Industries bond investments on $1/1$ and pay interest semiannually on $7/1$ and $1/1.$ The bond value for Wanka Industries is $100,000$ and pay $5\%$ interest. Monster Inc purchased Initech bonds at $6\%$ par valued at $50,000$ on $7/1$ and the are paid annually on $7/1.$

$1.$ Prepare entries when the bonds were purchased assuming the bonds are available for sale

$1.$ Record the interest payment on $7/1$

$1.$ Record the accrual interest as of $12/31$

$1.$ Record interest payment on $1/1$

$1.$ Record the interest payment on $7/1$