On January 1, 2023, Kenn Corp. purchased at par 10% bonds with a maturity value of $300,000. They are dated January 1, 2023, and mature on January 1, 2028, with interest receivable on December 31 of each year. The bonds are accounted for using the amortized cost model. 

Instructions 

a. Prepare the journal entry to record the bond purchase. 

b. Prepare the journal entry to record the interest received for 2023. 

c. Prepare the journal entry to record the interest received for 2024.