PRINTER VERSION BACK NE Do It! Review 16-1 Kurtyka Corporation had the following transactions relating to debt investments: Jan 1, 2017 Purchased 80, $1,000, 15% Spiller Company bonds for $80,000. Interest is payable annually on January 1. Dec 31, 2017 Accrued interest on Spiller Company bonds. Jan. 1. 2018 Received interest from Spiller Company bonds. Jan. 1. 2018 Sold 48 Spiller Company bonds for $47,000. Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry for the account titles and enter for the amounts. Record fournal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit (To record receipt of the interest revenue.) Jan 1, 2018 Jan 1, 2018 (To record sale of bonds.) Prepare the adjusting entry for the accrual of interest on December 31, 2017. (Credit account titles are automatically indented when amount is entered. Do not indeat manually. If entry is required, select "No entry for the account titles and enter for the amounts) Date Account Titles and Explanation LINK TO TEXT