Question 9 of 9 - 71 III View Policies Current Attempt in Progress On July 2, 2021, Izo Inc. purchased $400,000 of Zieborg Corp.4% bonds at a price of 368,821 to yield a market interest rate of 5%. The bonds pay interest semi-annually on July 1 and January 1, and mature on July 1, 2031. Izo plans to hold this investment until it matures. At December 31, 2021, which is the year end for both companies, the bonds were trading at 93 (this means 93% of face value). (a) For Izo, the investor, record. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Round answers to decimal places, eg. 5,250. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) 1. 2. the purchase of the bonds on July 2, 2021, the accrual of interest on December 31, 2021, the receipt of interest on January 1, 2022, and the receipt of interest on July 1, 2022. 3. 4. Date Account Titles and Explanation Debit Credit 2021 July 2 Investment in Associates 368861 Cash 368861 Dec. 31 Interest Receivable Investment in Associates Interest Income 2022 Jan. 1 Cash Interest Receivable July 1 Interest Receivable Trading Investments Interest Income