Phaedra Company purchased 50 Indie Company 12%, 10-year, $1,300 bonds on January 1, 2020, for $65,000. TE receipt of interest, Phaedra Company sold 30 of the bonds for $29,500. Instructions: Using the table provided below, prepare the journal entries for the above transactions. Remember journal entries do not have dollar signs. If you include dollar signs in your answer, your answer w applicable. Please do not abbreviate account titles. Remember to spell accounts correctly. Failure to Account Title Debit Credit Date To record the acquisition January 1, 2020 To accrue interest December 31, 2020 To record payment of the interest January 1, 2021 To record the sale January 1, 2021 ving to another question will save this response