Bula Investments acquired $240,000 of Effenstien Corp., 8% bonds at their face amount on October 1, 20Y1. The bonds pay interest on October 1 and April 1. On April 1, 20Y2, Bula sold $60,000 of Effenstien Corp. bonds at 102.

Journalize the entries to record the following: 

a. The initial acquisition of the Effenstien Corp. bonds on October 1, 20Y1.

b. The adjusting entry for 3 months of accrued interest earned on the Effenstien Corp. bonds on December 31, 20Y1.

c. The receipt of semiannual interest on April 1, 20Y2.

d. The sale of $90,000 of Effenstien Corp. bonds on April 1, 20Y2, at 102.

e. The receipt of the face value of the remaining bonds at their maturity on October 1, 20Y8.