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On January 1 2018 he D o d rpo at dec des r es all own bands. The bonds mature an ecember 3 2 24
On January 1 2018 he D o d rpo at dec des r es all own bands. The bonds mature an ecember 3 2 24 and pay te estof 6% or June 0 and Decembe e mark rate of ter s was 6% a lan / 20 sa he o maturity-value bonds sold for face value. Dimford Corporation intends to hold the bonds until maturity. Journalize the transactions related to Dimford Corporation's investment in Small Town bonds during 2018. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Begin by journalizing Dimford Corporation's investment in Small Town bonds on January 1, 2018. Date Accounts and Explanation Debit Credit Jan. 1, 2018 Next joumalize Dimford Corporation's receipt of interest on June 30, 2018. Date Accounts and Explanation Debit Credit Jun. 30, 2018 Now journalize Dimford Corporation's receipt of interest on December 31, 2018 Date Accounts and Explanation Debit Credit Dec. 31, 2018
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