PART 1: On June 1, 2020, Hopemore Company issues 300 of its 10%, $1,000 bonds at 99 plus accrued interest. The bonds are dated April 1, 2020 and mature on April 1, 2030. Hopemore delayed issuing the bonds in anticipation of a more favorable market interest rate. Interest is payable semi-annually on April 1 and October 1. What amount of cash did Hopemore receive for the bonds? What amount of cash did it receive for the accrued interest? Prepare the journal entry to record the sale of the bonds. Cash received for bonds Cash received for accrued interest Journal entry