I need help with this Soto Industries Inc. is an athletic footware company that began operations on January 1, 20Y3. The following are bond (held-to-maturitytransactions by Soto Industries Inc., which has a fiscal year ending on December 31:Record these transactions on page 10+20Y3Apr.$4JuneSept.1/²LLNov.FDec.011130с13131Q Search5F5%R TPurchased $71,400 of Welch Co. 9%, 15-year bonds at their face amount plus accrued interest of$1,071. The bonds pay interest semiannually on March 1 and September 1.Purchased $60,000 of Bailey 8%, 10-year bonds at their face amount plus accrued interest of $200.The bonds pay interest semiannually on May 1 and November 1.Received semiannual interest on the Welch Co. bonds.Sold $26,400 of Welch Co. bonds at 97 plus accrued interest of $198.Received semiannual interest on the Bailey bonds.Accrued interest on the Welch Co. bonds.Accrued interest on the Bailey bonds.GF66YHF7&7☐UF8J8L-F909F109KCOF11LP☀F12;PrtSc[+ 11Insert} Soto Industries Inc. is an athletic footware company that began operations on January 1, 20Y3. The following are bond (held-to-maturitytransactions by Soto Industries Inc., which has a fiscal year ending on December 31:Record these transactions on page 10+20Y3Apr.$4JuneSept.1/²LLNov.FDec.011130с13131Q Search5F5%R TPurchased $71,400 of Welch Co. 9%, 15-year bonds at their face amount plus accrued interest of$1,071. The bonds pay interest semiannually on March 1 and September 1.Purchased $60,000 of Bailey 8%, 10-year bonds at their face amount plus accrued interest of $200.The bonds pay interest semiannually on May 1 and November 1.Received semiannual interest on the Welch Co. bonds.Sold $26,400 of Welch Co. bonds at 97 plus accrued interest of $198.Received semiannual interest on the Bailey bonds.Accrued interest on the Welch Co. bonds.Accrued interest on the Bailey bonds.GF66YHF7&7☐UF8J8L-F909F109KCOF11LP☀F12;PrtSc[+ 11Insert}

The question is based on the concept of Financial Accounting.Journal entry is an art of recording…

Soto Industries Inc. is an athletic footware company that began operations on January 1, 20Y3. The following are bond (held-to-maturity transactions by Soto Industries Inc., which has a fiscal year ending on December 31: Record these transactions on page 10 20Y3 Apr. June Sept. Nov. Dec. 61 Purchased $71,400 of Welch Co. 9%, 15-year bonds at their face amount plus accrued interest of $1,071. The bonds pay interest semiannually on March 1 and September 1. 1 Purchased $60,000 of Bailey 8%, 10-year bonds at their face amount plus accrued interest of $200. The bonds pay interest semiannually on May 1 and November 1. Received semiannual interest on the Welch Co. bonds. Sold $26,400 of Welch Co. bonds at 97 plus accrued interest of $198. Received semiannual interest on the Bailey bonds. Accrued interest on the Welch Co. bonds. Accrued interest on the Bailey bonds. 1 30 1 31 31