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Transactions for bond (Held-to-Maturity Investments Rekyo Mart Inc. is a general merchandise retail company that began operations on January 1, 2015. The following are bond

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Transactions for bond (Held-to-Maturity Investments Rekyo Mart Inc. is a general merchandise retail company that began operations on January 1, 2015. The following are bond Cheld-to-maturity) transactions by Rekya Mart Inc, which has a fiscal year ending on December 31 2015 Apr. 1 May 16 Aug 1 Seot Purchased $72,000 of Smoke Bay 5, 10-year bonds at their face mount paced interest of $600. The bondspray Wyterest semiannual on February 1 and Augusti Purchased 6124,000 of Geotherm 64, 12-year bonds at the amount plus accrued interest of $310, The bonds pay weres semanally on May 1 and November 1 Received semiannual interest on the senokay bondi Sold 120,000 of Smoke Bay bonds 103 plus ceterest of $120. Weceived semiannual Wort on the Geotherma Cobonde More were on the more ay bonds Accrued to the Geotherma bende Nov. 1 Dec 31 De 2016 Received annual resto Received mannit on the Geothermaca, bonds M Required: 1. Journalire the entries to record these transactions. If an amount box does not require an entry, leave it blank. Do not round your intermediate calculations and round final answers to the nearest dollar. Use the nearest whole month for the interest period. Date Description Debit Credit 2015 Apr 1 May 16 1 Sopt Nov 1 Decke Day love 31 Geotherma C 2018 May 2. If the north what got would this on and statement If the band we can asalable for sale, then the portfolio of bonds would need to be adjusted to count This would be recorded by using a valuation allowance account

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