Current Attempt in Progress The following information relates to the debt securitles inwestments of Spllsh Company. 1. On February 1, the compary purchased 10% bonds of Gibbors Co. having a par value of $328,800 at 100 plus accrued interest. Interest Is payable April 1 and October 1. 2. On April 1, semiannual interest is recelved. 3. On July 1,9\% bonds of Sampson, inc were purchased. These bonds with a par value of $186,000 were purchased at 100 plus accnued interest. Interest dates are June 1 and December 1. 4. On September 1, bonds with a par value of $64,800, purchased on February 1, are sold at 99 plus accrued interest. 5. On October 1 , semiannual interest is received. 6. On December 1 , semianimal interest is recelved. 7. On December 31, the fair value of the bonds purchased February 1 and July 1 are 95 and 93 , respectively. Prepare any fournal entries you consider necessary, including year-end entries (December 31), assuming these are avaliable-for-5ale securities (Note to instructor: Some students may debit interest Receivable at date of purchase instead of Interest Revenue. This procedure is correct assuming that when the cash is recelved for the interest, an appropriate credit to Interest Receivable is recorded) (Credit occount bities are outomatically indented when omount is entered. Do not indent monually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts