View Policies Current Attempt in Progress Bridgeport Corn. a public company purchased $279.000 of five-year, 6% Hydrocor bonds at par on June 30, 2021. Interest is paid semi-annually each June 30 and December 31. At December 31, 2021. the bonds were trading at 97. Bridgeport Corp. purchased Hydrocor's bonds for trading purposes Prepare the journal entry to record the purchase of the bands on June 30, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts) Date Account Titles and Explanation Credit Debit June 30 To record purchase of investment) e Textbook and Media Question 6 of 8 - 76 III CTEUR Prepare the journal entry to record the receipt of the first interest payment on December 31, 2021. (Credit occount titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31 e Textbook and Media Question bot 8 - 76 TID eTextbook and Media Prepare the journal entry to record any required adjusting journal entry on December 31, 2021. (Credit account titles are automatically indented when the amount is entered. Do not Indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31 To record fair value adjustment eTextbook and Media