Sheridan Corporation had the following transactions relating to debt investments: Jan 1, 2000 Dec. 31, 2020 Jan 1, 2021 Jan. 1, 2021 Purchased 80, $1,000, 15% Spiller Company bonds for $80,000. Interest is payable annually on January 1. Accrued interest on Spiller Company bonds. Received interest from Spiller Company bonds. Sold 48 Spiller Company bonds for $47,000. Journalize the above transactions, including the adjusting entry for the accrual of interest on December 31, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If nu entry is required, select "No entry" for the account titles and enter o for the amounts. Record journal e in the order presented in the problem.) Date Account Titles and Explanation Debit Credit (To record receipt of the interest revenue.) (To record sale of bonds.) ...uestion: Open Show Work Exercise 16-02 Sandhill Corporation had the following transactions pertaining to debt investments, 1. 2. 3. Purchased 55 8%, $1,050 Leeds Co. bonds for $57,750 cash. Interest is payable annually on January 1, 2020. Accrued interest on Leeds Co. bonds on December 31, 2020. Received interest on Leeds Co. bonds on January 1, 2021. Sold 30 Leeds Co. bonds for $47,644 on January 1, 2021. Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do no indent manually. If no entry is required, select "No entry" for the account tities and enter o for the amou Record journal entries in the order presented in the problem. Round answers to o decimal places, e.g. 5,275.) No. Date Account Titles and Explanation Debit Credit Exercise 16-04 a-b Wildhorse Company had the following transactions pertaining to stock investments. Feb. 1 July 1 Sept. 1 Dec. 1 Purchased 400 shares of Wade common stock (2%) for $4,800 cash. Received cash dividends of $2 per share on Wade common stock. Sold 200 shares of Wade common stock for $3,300. Received cash dividends of $1 per share on Wade common stock. x your answer is incorrect. Try again. Journalize the transactions. (Round answers to o decimal places, e.g. 5,275. Credit account titles when amount is entered. Do not indent manually. Record journal entries in the order presented required, select "No entry" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Credit