RECARD SOURNAL ENTRIES five-year bonds on May 1, Year 1, at their face amount of $100,000. Interest is FER: payable annually. On April 30 . Year 2, the end of a fiscal year. Polka acquired in ISSANCE if BONDS BY S5/1/ INTEREST EXP. S4/30/2 the open market 40% of Solaw outstanding bonds at a 12% yield, plus accrued PURCHASE BY P 4/30/2 interest for one year. JfFoR $37,569 ADJUSTMENT BYS FUR P PURCHASE ELIMINATIOPI 4/30%