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Transactions for Bond (Held-to-Maturity) Investrnents Rekya Mart Inc. is a general merchandise retail company that began operations on Jamaary 1, 20y5. The folowing are bond

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Transactions for Bond (Held-to-Maturity) Investrnents Rekya Mart Inc. is a general merchandise retail company that began operations on Jamaary 1, 20y5. The folowing are bond (held-to-maturity) transactions by Rekyal Mart linc, which has a fiscal year ending on December 31: 20s Apr. 1. Purchased $54,000 of Smoke Bay 5%,10-year bonds at their face amount plus accrued interest of $450, The bonds pay interest semiannually on February 1 and Auguist 1. May 16. Purchased $112,000 of Geotherma Co. 6%,12-year bonds at their face amount plus accrued interest of 5280 . The bonds pay interest semiannuslly on May 1 and November 1. Aug. 1. Received semiannual interest on the Smoke Bay bondi. Sept. 1. Sold $21,600 of Smoke Bay bonds at 103 plus accrued interest of $90. Nov. 1. Received semiannual interest on the Geotherma Co. bonds. Dec. 31 Accrued interest on the Smoke Blyy bonds. Dec. 31 Aconued interest on the Geotherma Co, bonds. 2096 Feb. 1. Received semiannoal interest on the Smeke Bay bonds. May 1. Received semiannual interest on the Geotherma Co. bonds. Required: 1. Journalize the enthes to record these transactions. If an ambunt 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 neared whole month for the interest peried. 1. Joumalize the entries to record these transactions. If an amount box does not require an entry, leave is blank. Do not round your intermediate calculations and round fina! answers to the nearest doliar. Use the nearest whole month for the interest period. Show Me How May 16. Investments-Geotherma Co. Bonds Interest Receivable Bonds Payable Aug. 1. Sept. 1. Gain on Sale of Investment Investments-Smoke Bay Bonds Nov. 1. Dec.31SmokeBayInterestReceivable Dec. 31 Geotherma Co. Interest Receivable. 20Y6 Feb, 1. \begin{tabular}{l} Cash \\ Interest Receivable \\ Interest Revenue \\ \hline \end{tabular} May 1. 2

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