On May 1, Cedar Inc. purchases $100,000 of 10-year, Madison Corporation 6% bonds dated March 1 at 100 plus accrued interest.

	Required:
	Journalize the entry to record the semiannual receipt of interest on September 1. Refer to the Chart of Accounts for exact wording of account titles.

General Journal

Journalize the entry to record the semiannual receipt of interest on September 1. Refer to the Chart of Accounts for exact wording of account titles.