Question Help SE-16 (book/static) Glimmer Pools purchased $50,000 of 7% AKL bonds on January 1, 2018, at a price of 104.2 when the market rate of interest was 6%. Glimmer intends to hold the bonds until their maturity date of January 1, 2023. The bonds pay interest semiannually on each January 1 and July 1. Read the requirements Make the adjusting entries that Glimmer Pools would need to make on December 31, 2018, related to the investment in AKL bonds. (Record debits first, then credits. Exclude explanations from any journal entries.) First, record the entry for the interest receivable at December 31, 2018. Journal Entry Accounts Date Debit Credit Dec 31