WILL UPVOTE

Jan. 31 Purchased 51,$1,000 government bonds at 100 plus accrued interest of $255 (one month). The bonds pay 6% annual interest on July 1 and January 1. July 1 Received semiannual interest on bond investment. Aug. 30 Sold 21,$1,000 bonds at 96 plus $210 accrued interest (two months). a. Journalize the entries for these transactions. Assume a 360-day year. Do not round interim calculations. Round final answers to nearest dollar. For a compound transaction, if an amount bo b. Provide the December 31 , Year 1 , adjusting journal entry for semiannual interest earned on the bonds