Question $27$ of $40$

$\frac{-}{2\mathrm{.}5},$vdots,vdots

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On August $1,2025,$ Sunland Company acquired $$440000$ face value $8\%$ bonds of Carla Vista Corporation at $105$ plus accrued interest. The bonds were dated May $1,2025,$ and mature on April $30,2030,$ with interest payable each October $31$ and April $30.$ The bonds will be held to maturity. What entry should Sunland make to record the purchase of the bonds on August $1,2025?$

Debt Investments $470800$

Interest Revenue

Cash

Debt Investments $470800$

$\backslash$table$[[$Cash$,470800,],[$Debt Investments,$440000,],[$Premium on Bonds,$30800,],[$Cash$,,470800],[$Debt Investments,,$],[$Interest Revenue,$462000,],[$Cash$,8800,]]$