The Multinational Hospitality Company (MHC) purchased bonds that had a total face value of $300,000 for $250,000 on August 1, 20X1. The bonds pay installments of the 8 percent annual interest on May 1 and November 1. The MHC pays for accrued bond interest in advance, at the time of purchase, when it buys bonds. The journal entry on the date of bond purchase would debit Debt Investments for and Bond Interest Receivable for and credit Cash for $250,000;$6,000;$256,000$200,000;$50,000;$250,000$250,000;$50,000;$300,000$300,000;$250,000;$0