Tiames New Rom 11 AA A @ 1 u-x, x' 3.B' t Heading 1 t Heading 2 Heaangs Styles Font Paragraph dicate the anneer choice that best completes the statement or anneers the question RubenCmpay purchased $100,000 of Evans Company bonds at 100 plus $1,500 in acrued interest. The band interest rate is 8% andinter est is paid semianually. Thejournal entry to recard the purchase would be a debit Investment Evans Company Bonds, $101,500, credit Cash, $101,500 b debit Investment-Evans Company Bonds, $100,000,credi Interest Revenue, $1,500, and Cash, $98,500 c.debit Investment-Evans d. debit Investment-Evans Company Bonds, $100,000, credit Cash $100,000 Company Bonds, $100,000 and Interest Recvable $1,500 credit Cash $101, S0 2. Ruben Company purchased $100,000 of Evans Company bands at 100 plus $1,500 in accrued interest. The band interest rate is 8%andinterest is paid semamully. Thejournal entry to rec01 therecept ofinterest onthe natinterest payment date would be a. debit Cash, $4,000, credit Interest Revenue, $4,000 b.debit Cash, $4,000, credit Interest Receivable, $4,000 c.debit Cash, $4,000, credit Interest Receivable, $1,500, and Interest Revenue, $2,500 d.debit Cash, $2,500, credit Interest Revemme, $2,500 3. Ruben Company purchased $100,000 of Evans Company bands at 100 Ruben later sold the bonds at $104,500 plus 500 in accrued intarest. Thejournal entry to recard the sale of the bonds would be a. debit Cash, $105,000, credit Investment Evans Company Bonds, $104,500, and Interest Revenue, $500 b dehit Cash, $105,000,crodit Investmant Evans Company Bonds, $100,000 and Gain on Sale of Invotmants c debit Cash, $104,500, and Interest Receivable, $500,.credit Investment-Evans Company Bonds, $100,000 d.debit Cash, $105,000, credit Investment--Evans Company Bonds, $100,000, Gain on Sale of Investments $5,000 Gain on Sale of Investments, $4,500, and Interest Revemue,$500 $4,500, and Intrest Revanue, $500 Subjective Short