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please help with part 2 of F. Thank you Recording Entries for HTM Debt Securities-Effective interest Method On July 1.2020. West Company purchased for cash

please help with part 2 of F. Thank you image text in transcribed
Recording Entries for HTM Debt Securities-Effective interest Method On July 1.2020. West Company purchased for cash seven $10,000 bonds of North Corporation to yield 10. The boods pay 9 interest, payable on a serial aus each Joly 1 and January and mature on July 1, 2023. The bonds are classified as held-to-maturity securities. The annual reporting period ends December 31. Assume the effective interest method of amortization of any discount or premium Amortization Schedule Journal Entries in 2020 Financial Statement Presentation Journal Entries in 2021 e. Record the receipt of interest on January 1, 2021 t. After the interest payment on July 1, 2021 two of the bonds were sold for $15,440 cash. Provide the required entries on july 1.2021 Note: List multiple debits or credits when applicable) in alphabetical order Note: If a line in a journal entry isn't required for the transaction, select "N/A as the account names and how the Dr, and Cr answers blank (zero), Account Name CF. Jan 5, 2021 Cash 3150 Internet Receivate . 0 3150 2021 Cash vestment in HTM Secues Interest Reverse To recordar Jul 1, 2021 Cash Loss on Sale of investment Investment in HTM Securities Date 0 . O 3150 274 . O 0 35,440 OM D OM . Check

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