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One Creek & Co Owns vont amounts of corporate bonds. Suppose Oitor Crok buys $400.000 of HoutenCorp bonde al Requirements face value on January 2,

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One Creek & Co Owns vont amounts of corporate bonds. Suppose Oitor Crok buys $400.000 of HoutenCorp bonde al Requirements face value on January 2, 2016. The Houten Corp bondo pay interest at the annual rate of 4% on ne 30 and December 31 and more on December 31, 2012. Other Creek intends to hold the investment until maturity 1. Jurnakre any required 2016 entries for the band investment 2. How much cash interest wil Other Creolo ve sach your from Houloop 3. How much interest revenue wil Otter Crook report during 2018 on this bond invester Requirement. Joumay required 2018 is for the band investment (Record debitarst, then Sponsoon Tontin of the unity table> Begin by oumating Other Creek investment on January 2, 2018 Date Accounts and Explanation Debit Credit 2018 Jun 2 Heldito Maurity Devestments 100.000 Canh 400.000 Purchased investment in bonds Net joumain the receipt of cash interest on June 30, 2018 Date Accounts and explanation 2016 Jun 20 Debit Credit Choose from any list or enter any number in the input fields and then click Check

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