Question: I've worked through this problem but want to make sure my answers are correct. Can you please show me your answers for this problem? The

I've worked through this problem but want to make sure my answers are correct. Can you please show me your answers for this problem?

The following bond investment transactions were completed during 2014 by Starks Co

Jan 31, Purchased $75 $1000 government bonds at 100 plus 30 days' accrued interest. The bonds pay 6% annual interest on July 1 and Jan 1

July 1 Received semiannual interest on bond investment

Aug 29 Sold 35 $1,000 bonds at 98 plus $350 accrued interest

A. Journalize the entries for these transactions

B. Provide the December 31, 2014, adjusting journal entry for semiannual interest earned on the bonds.

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