Journalize the entries to record the following selected bond investment transactions for Southwest Bank: 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. If an amount box does not require an entry, leave it blank. 1.   fill in the blank 2 fill in the blank 3     fill in the blank 5 fill in the blank 6     fill in the blank 8 fill in the blank 9 2.   fill in the blank 11 fill in the blank 12     fill in the blank 14 fill in the blank 15     fill in the blank 17 fill in the blank 18 3.   fill in the blank 20 fill in the blank 21     fill in the blank 23 fill in the blank 24     fill in the blank 26 fill in the blank 27

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Journalize the entries to record the following selected bond investment transactions for Southwest Bank:

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.

If an amount box does not require an entry, leave it blank.

1.   fill in the blank 2 fill in the blank 3
    fill in the blank 5 fill in the blank 6
    fill in the blank 8 fill in the blank 9
2.   fill in the blank 11 fill in the blank 12
    fill in the blank 14 fill in the blank 15
    fill in the blank 17 fill in the blank 18
3.   fill in the blank 20 fill in the blank 21
    fill in the blank 23 fill in the blank 24
    fill in the blank 26 fill in the blank 27
   
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