Bond investment transactionsJournalize the entries to record the following circled bond investmenttransactions for Starks Products: A. Purchased for cash $120,000 of Iceline.inc, 5% bonds at 100 plusaccrued interest of $1,000.B. Received first semiannual interest paymentC. Sold $60,000 of the bonds at 101 plus accrued interest of $505.

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Q: I know how to solve part A, but I'm confused on how to journalize parts B and C

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Q: Bond Investment TransactionsJournalize the entries to record the following selected bond investment…

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