1. On 01-01-16, B purchased 150, $1,000 4% bonds when similar bonds were paying 4.5%. B incurred and paid $2,500 of bond purchase-related costs. The bonds were dated 01-01-16 and pay interest each January 1 and July 1 and mature on 01-01-21. B classified these bonds as a trading investment. The bonds were trading at the following amounts as of the following dates:

• 12-31-16 99
• 12-31-17 98
• 12-31-18 100
• 12-31-19 102
• 12-31-20 100

On 05-01-19, B sold one-half of the bonds at 101 plus accrued interest. These bonds are Bs only investment. B closes its books every December 31. Prepare the entries B should make on:

1. 01-01-16.
2. 07-01-16.
3. 12-31-16.
4. 01-01-17.
5. 12-31-17.
6. 12-31-18.
7. 05-01-19.
8. 07-01-19.
9. 12-31-19.
10. 12-31-20.
11. 01-01-21.