Journalize the entries to record the following selected bond investment transactions for Southwest Bank:
^aPurchased $400,000 of Daytona Beach 5% bonds at 100 plus accrued interest of $4,500.
^bReceived the first semiannual interest.
^cSold $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: ^aPurchased $400,000 of Daytona Beach 5% bonds at 100 plus accrued interest of $4,500. ^bReceived the first semiannual interest. ^cSold $250,000 of the bonds at 97,plus accrued interest of $1,800.

Journalize the Entries to Record the Following Selected Bond Investment