Parilo Company acquired $180,000 of Makofske Co., 6% bonds on May 1, 2045, at their face amount. Interest is paid semiannually on May 1 and November 1. On November 1, 2045, Parilo sold $55,800 of the bonds for 99. Journalize entries to record the following (refer to the Chart of Accounts for exact wording of account titles): a. b. The initial acquisition of the bonds on May 1. The semiannual interest received on November 1. The sale of the bonds on November 1. The accrual of $1,242 interest on December 31, 2045. C. d. JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY 1 2 3 4 5 6 7 8 Adjusting Entries 9 10