The following information relates to the HTM debt securities investments of Kiran Company during 2018:

1. March 1: The company purchased 8% bonds of Tempe Co. having a par value of $100,000 at 97 plus accrued interest. Interest is payable June 1 and December 1. Maturity date is 12/1/19.

2. June 1: Semiannual interest is received and amortization is updated.

3. Aug 1: 11% bonds of Flagstaff, Inc. were purchased. These bonds with a par value of $50,000 were purchased at 102 plus accrued interest. Interest dates are May 1 and November 1. Maturity date is 11/1/19.

4. November 1: Semiannual interest is received and amortization is updated on Flagstaff bonds.

5. December 1: Semiannual interest is received and amortization is updated on Tempe bonds.

6. December 31: Interest is accrued and amortization is updated on both investments.

Required:

a) Prepare journal entries for all dates. Present journal entries for the Tempe bonds (a, b, e, f), then journal entries for the Flagstaff bonds (c, d, f). No explanations or supporting computations are required. Use straight-line amortization. Do NOT use separate accounts for discounts and premiums; instead, net them into the Investments account. When computing amortization, round the monthly amortization amounts to the nearest cent. However, journal entry amounts can be rounded to the nearest dollar.