World Co. paid $45,000 to buy 10% Fenridge Power bonds payable. The bonds pay semi-annual interest on June 30th and December 31st. World Co. paid $100 commission World Co. intends to hold these bonds for 9 months and then trade them. The entry to record this purchase is Cash 45.100 Investment - Fenridge Power 45.100 Investment - Fenridge Power 45,100 Cash 100