Barclay, Inc., had the following transactions and adjustments related to a bond investment that is classified as a trading security.

2018
Nov. 1 Purchased $300,000 face value of Joos, Inc.'s 9% bonds at 102 plus a brokerage commission of $900. The bonds pay interest on October 31 and April 30 and mature in 15 years. Barclay expects to sell the bonds in the near future.

Dec. 31  Made the adjusting entry to record interest earned on investment in the Joos bonds.

31  Made the adjusting entry to record the current fair value of the Joos bonds. At December 31, 2018, the fair value of the Joos bonds was $301,500.

2019

Apr. 30  Received the semiannual interest payment on investment in the Joos bonds.

May 1 Sold the Joos bond investment for $300,900 cash.

a. Prepare journal entries to record these transactions.

b. Post the journal entries from a to their respective T-accounts.

c. Record each of the transactions in the financial statement effects template.