Your answer is partially correct. Try again. The following information relates to the debt securities investments of Crane Company On February 1, the company purchased 10% bonds of Gibbons Co. having a par value of $312,000 at 100 plus accrued interest. Interest is payable April 1 and October 1 2. On April 1, semiannual interest is received. . On Ju y 1 g bonds o Sampson, Inc. were purchased. These bonds with a par value of $192,000 were purchased at 10 plus accrued interest interest dates are une and 1. On September 1, bonds with a par value of $63,600, purchased on February 1, are sold at 97 plus accrued interest. 5. On October 1, semiannual interest is received. . On December 1, semiannual interest is received On December 31, the fair value of the bonds purchased February 1 and July 1 are 93 and 91, respectively cember a) Prepare any journal entries you consider necessary, including year-end entries (December 31), assuming these are available-for-sale securities. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) No. Date Account Titles and Explanation () Feb. 1 Debit Credit Interest Revenue 10400 Debt Investments 312000 Cash 322400 (2) Apr. 1 Cash 15600 Interest Revenue 15600 (3) Jul. 1 Interest Revenue 1440 Debt Investments 192000 Cash 193440 (4) Sep. 1 (To record interest.) To record adjustment.)