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On January 14, Balcom Corporation purchased 20,11%, $1.000 Eiger Company bonds for $20,400. On November 30, the company vold 10 of the Elger Company bonds

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On January 14, Balcom Corporation purchased 20,11%, $1.000 Eiger Company bonds for $20,400. On November 30, the company vold 10 of the Elger Company bonds for $11,600. Prepare journal entries for the purchase and sale of the Eiger Company bonds. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the probler) Date Account Titles and Explanation Debit Credit duction comment-deschid/6704-519-4--0045 5 Graded Assignment Question 2 of 19 View Polides Current Attempt in Progress On January 2, Penny Company purchased 45. 10%, 51.000 Mikel Company bonds for $45,000 cash. Interest is payable manually on January 1 Journalize the entries to record the purchase of the bonds and the accrual of the annual interest on December 31. (Credit account titles are automatically indented when the amount is entered. Do not Indent manually. Record journal entries in the order presented in the problem) Date Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts Attempts: 0 of 3 used MacBook Air 25 & B $ % 5 & 7 ( 9 3 6 8 0 E R Y U 0 F G D J

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