On May 31, 2016, Eimer Com. purchased a 120-day, 900% certifcate of depoen lor 500,00000 . The CO was redeemed on September 28 , 201A Required: Prepare the poumat entries an Eirmer's books to acoount for a. The purctuse af the c0 b. The accrial of giterest adfustment for interest earned through .une 30 , the and of ithe compony's fiscal year e. The redempfion of the CD. CHART OF ACCOUNTS Elmer Corp. General Ledger Instructions Chart of Accounts Or 174Equipment179AocumulatedDepreciation533InsuranceExpense534RentExpense537SuppliesExpense LABILITIES 541 Depreciation Expense 211 Acoounts Payable 551 Advertising Expense 231 Salaries and Wages Payable 559 Miscellaneous Expenses 235 Notes Payable 810 Interest Expense 261 income Taxes Payable 910 Income Tax Expense EQUITY 311 Capital Stock 331 Retained Earnings Prepare the joumal entries with the impact on the financial statements on Elmer's books to account for: a. The purchase of the CD. b. The accrual of interest adjustment for interest eamed through June 30, the end of the company's fiscal year. c. The redemption of the CD. Assume a 360 day year. GENERAL JOURNAL