Journalize the entries to record the following selected bond investment transactions for Southwest Bank: (a) Purchased $ \$ 400,000 $ of Daytona Beach $ 5 \% $ bonds at 100 plus accrued interest of $ \$ 4,500 $.
(b) Received the first semiannual interest.
(c) Sold $ \$ 250,000 $ of the bonds at 97 , plus accrued interest of $ \$ 1,800 $.

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The Answer of Journalize the entries to record the following selected bond investment transactions for Southwest Bank: (a) Purchased $ \$ 400,000 $ of Daytona Beach $ 5 \% $ bonds at 100 plus accrued interest of $ \$ 4,500 $.
(b) Received the first semiannual interest.
(c) Sold $ \$ 250,000 $ of the bonds at 97 , plus accrued interest of $ \$ 1,800 $.

Journalize the Entries to Record the Following Selected Bond Investment $400,000 \$ 400,000 $400,000

Journalize the Entries to Record the Following Selected Bond Investment $\$ 400,000$