Purchased for cash $$300,000$ of debt investments $($dated January $$1)$ on January $1$ st$.$

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$\backslash$table$[[\frac{1}{1}\frac{?}{20}1,$Account,$],[,,],[,,],[,,],[,,]]$

If the debt investments have an interest rate of $3\%$ and pay interest semiannually, what journal entry would be required on the first interest payment date?

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$\backslash$table$[[$Date$,$Account,Debit,Credit$],[\frac{6}{30}\frac{?}{20}1,,,],[,,,],[,,,],[,,,],[,,,]]$

If the debt investments have an interest rate of $3\%$ and pay interest semiannually, what journal entry would be required on the second interest payment date?

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$\backslash$table$[[\frac{12}{31}\frac{?}{20}1,$Account,Debit,$],[,,,],[,,,],[,,,],[,,,]]$

At the end of the first year, the debt investments have a fair value of $$302,000.$ Prepare the year$-$end adjusting entry for this trading debt security.

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$\backslash$table$[[\frac{12}{31}\frac{?}{20}1,$Account,Debit,$],[,,,],[,,,],[,,,],[,,,]]$