Current Attempt in Progress

Presented below is an amortization schedule related to Teal Company's $5-$year, $\backslash$$$140,000$ bond with a $\backslash (6\backslash \%\backslash )$ interest rate and a $3\backslash \%$ yield, purchased on December $31,2023,$ for $\backslash (\backslash$$ $159,235\backslash ).$

The following schedule presents a comparison of the amortized cost and fair value of the bonds at year$-$end.

$($a$)$ Prepare the journal entry to record the purchase of these bonds on December $31,2023,$ assuming the bonds are classified as held$-$to$-$maturity securities$.$

$($b$)$ Prepare the journal entry related to the held$-$to$-$maturity bonds for $2024.$

$($c$)$ Prepare the journal entry related to the held$-$to$-$maturity bonds for $2026.$

$($d$)$ Prepare the journal entry to record the purchase of these bonds, assuming they are classified as available$-$for$-$sale.

$($e$)$ Prepare the journal entries related to the available$-$for$-$sale bonds for $2024.$

$($f$)$ Prepare the journal entries related to the available$-$for$-$sale bonds for $2026.$

$($To record interest revenue.$)$

$($To record adjustment.$)$