Watson purchased a bond on January 1,2024, for $110,000. The bond has a face value of $110,000 and matures in 20 years. The bond pays interest on June 30 and December 31 at a 4$ annual rate. Watson plans on holding the investment until maturny Read the cequirements Begin by journalzing Watson's investment on January 1,2024: Next, joumalize Watson's receipt of interest on June 30, 2024. Requirements 1. Joumalize the 2024 transactions related to Watson's bond imvestment. Explanations are not required. 2. Journalize the transaction related to Watson's disposition of the bond at maturity on December 31, 2043. (Assume the last interest payment has already been recoeded.) Explanations are not required