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Prepare journal entries to record the initial investment, receipt of interest, and recognition of interest income in each of the three years, and the maturity

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Prepare journal entries to record the initial investment, receipt of interest, and recognition of interest income in each of the three years, and the maturity of the bond at the end of the third year. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Round answers to 2 decimal places, e.g. 52.75.) Date Account Titles and Explanation Debit Credit Day 1 End of Year 1 End of Year 2 End of Year 3 (To record interest) End of Year 3 To record proceeds on maturity)

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