with dates!
Journalize the entries to record the following selocted bond investment transactions for Southwest Bank: Refer fo the Chart of Accounts for exact wording of account titles. Apr. 1 Purchased $400,000 of Daytona Beach 4.5% bonds at 100 plus accrued interest of $4,500. July 1 Received the first semiannual interest. Sept. 1 Sold $250,000 of the bonds at 97 , plus accrued interest of $1,875. Chart Of Accounts ASSETS REVENUE 110 Cash 410 Sales 120 Accounts Recelvable 611 Interest Revenue 121 Allowance for Doubtful Accounts 612 Dividend Revenue 131 Notes Receivable 631 Gain on Sale of Investments 132 Interest Receivable 641 Unrealized Gain on Trading 141 Merchandise Inventory Investments 151 Supplies 152. Prepaid Insurance EXPENSES 161 Investments-Daytona Beach Bonds 511 Cost of Merchandise Sold 165 Valuation Allowance for Trading Investments 512 Bad Debt Expense 166 Valuation Allowance for Available-for-Sale Investments 522 Salaries Expense 181 Land 531 Advertising Expense 191 Equipment 532 Rent Expense 192 Accumulated Depreciation-Equipment 533 Insurance Expense 534 Supplies Expense LIABILITIES 561 Depreciation Expense-Equipment 210 Accounts Payable 590 Miscellaneous Expense Chart Of Accounts 210 Accounts Payable 590 Miscellaneous Expense 221 Notes Payable 710 interest Expense 231 Interest Payable 731 Loss on Sale of Investments 241 Salaries Payable 741 Unrealized Loss on Trading Investments EQUITY 311 Common Stock 312 Paid-in Capital in Excess of Par-Common Stock 321 Preferred Stock 322. Paid-In Capital in Excess of Par-Preferred Stock 331 Treasury Stock 332 Paid-In Capital from Sale of Treasury Stock 340 Retained Eamings 351 Cash Dividends 352. Unrealized Gain (Loss) on Available-for-Sale Investments 353 Stock Dividends 390 Income Summar Journalize each of the entries to record the selected bond investment transactions for Southwest-Bank. Refer to the Chart of Accounts for exact wording of account tites