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Page 1 1. EX.15-01.ALGO (Algorithmic) Entries for Investment in Bonds, Interes Gonzalez Company acquired $ paid semiannually on May 1 and November 1. bonds for

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Page 1 1. EX.15-01.ALGO (Algorithmic) Entries for Investment in Bonds, Interes Gonzalez Company acquired $ paid semiannually on May 1 and November 1. bonds for 97 Co., 6% bonds on May 1 at their face amount. Interest aycompany sold $55 ker On November 1, alez Company sold $55,200 of the Journalize entries to record the following in Year 1: For a compound transaction, if an amount box does not require an entry, leave it blank. a. The initial acquisition of the bonds on May 1. May 1 b. The semiannual interest received on November 1. Nov. 1 c. The sale of the bonds on November 1. Nov. 1 d. The accrual of $828 interest on Dec. 31 2. EX15-0 HEET.ALGO (Algorithmic)

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