Suppose Bro Co. purchases $1,300,000 of 3% annual bonds of corporation at face value on jan 1 2016. these bonds pay interest on june 30 and december 31 each year. They mature on dec 31 2019. Bro Co. intendends to hold the corpoation bond investement until maturity.

Journalize the Bro Co. transactions related to the bonds for 2016.

Journalize the entry requireed on the corporation bonds maturity date. (Assume the last interest payment has been recorded)

Journalize Weinstein Brothers' transactions related to the bonds for 2016. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Begin by journalizing Weinstein Brothers' investment on January 1. 2016. Next, journalize the receipt of cash interest on June 30. 2016. Journalize the receipt of cash interest on December 31, 2016. Requirement 2. Journalize the entry required on the Thomson bonds maturity date. (Assume the last interest payment has already been recorded.)