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Demopoulos Company acquired 5158,400 of Marimar Co., 6% bonds on May 1 at their face amount interest is paid semiannually on May and November on November 1, Demopoulos Company sold 547.400 of the bonds for 95. Required: Journalize the entries to record the following a. The initial acquisition of the bonds on May 1" b. The semiannual interest received on November 1" The sale of the bands on November 1 d. The accrual of $1.110 mterest on December 31 *Refer to the chart of accounts for the exact wording of the account ites ONOWjoumals do not be lines for journal explanations Every in on a journal page is used for debe or credit entries CNOW joumes weutomatically indent a credit entry when a credit amount is entered Do nor round your intermediate calculations and round final answers to the nearest dollar = Instructions Journal Journalize entries to record the transactions Refer to the chart of accounts for the exact wording of the account des CNOWjournals do not use lines for ournal explanations. Every line on a journal page is used for debit or credit ontries CNOW Journals will automatically indent a credit entry when a credit amount is entire round your intermediate calculations and round final answers to the nearest dollar JOURNAL ACCOUNTING EQUAT POST. REF: DEBIT CREDIT LUDUTIE DATE DESCRIPTION

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