R e ntake Assignment Main.doinvokerassignments&takeAssignmentSessionLocator assignment-takeinprogre eBook Show Me How Calculator Entries for Investment in Bonds, Interest, and sale of Bonds Parilo Company acquired $166,200 of Makofiske Company, 7% bonds on May 1, 2015, at their face amount. Interest is paid semiannually on May 1 and November 1.0 November 1, 2045, Parilo sold $57,000 of the bonds for 95. Journalize the entries to record the following under the cost method: If an amount box does not require an entry, leave it blank. a. The initial acquisition of the bonds on May 1. 2015 May 1 Investments Makofske Co. Bonds 16000 Cash 166,200 a Record the investment at face value b. The semiannual interest received on November 1. 2015 Nov. 1 Cash 581.700 X Interest Revenue Previous Next Check My Work