Question 13 View Policies Current Attempt in Progress Quagle Company had the following transactions pertaining to debt investments. 2020 Jan. 1 Purchased 40,8%, $1,000 Steve Company bonds for $40,000 cash. Interest is payable annually on January 1. Dec. 31 Accrued annual interest on Steve Company bonds. 2021 Jan. 1 Received interest from Steve Company bonds. Oct. 1 Sold 24 Steve Company bonds for $26,000. Journalize the transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Question 14 --/1 View Policies Current Attempt in Progress Pincher Company purchased 50 Issac Company 12%, 10-year, $1,000 bonds on January 1, 2020, for $50,000. The bonds pay interest semiannually on January 1. On January 1, 2021, after receipt of interest, Pincher Company sold 30 of the bonds for $28,300. Prepare the journal entries to record the transactions described above. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Jan. 1, 2020 Dec. 31, 2020 (To record interest revenue) (To record sale of bonds) Question 17 --/1 View Policies Current Attempt in Progress Carla Vista Corporation had the following transactions pertaining to debt investments. 1. Purchased 40 8%, $1,550 Leeds Co. bonds for $62,000 cash. Interest is payable annually on January 1, 2020. 2. Accrued interest on Leeds Co. bonds on December 31, 2020. 3. Received interest on Leeds Co. bonds on January 1, 2021. 4. Sold 30 Leeds Co. bonds for $51,150 on January 1, 2021. 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 o for the amounts. Record journal entries in the order presented in the problem. Round answers to 0 decimal places, e.g. 5,275.) No. Date Account Titles and Explanation Debit Credit 1. 3