Suppose Sam and Sons purchases $700,000 of 7% annual bonds of Bridge Corporation at face value on January 1, 2018. These bonds pay interest on June 30 and December 31 each year. They mature on December 31, 2021. Sam intends to hold the Bridge bond investment until maturity. Read the requirements. Requirement 1. Journalize Sam and Sons's transactions related to the bonds for 2018. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Begin by journalizing Sam and Sons' investment on January 1, 2018. Date Accounts and Explanation Debit Credit 2018 1 Requirements Jan. 1 1. 2. Journalize Sam and Sons's transactions related to the bonds for 2018. Journalize the entry required on the Bridge bonds maturity date. (Assume the last interest payment has already been recorded.) Print Done