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y el ESSID Locator=&inprogress=false ook | Show Me How Calculator Print Item Instructions Chart of Accounts Journal Instructions The following bond investment transactions were completed during 2016 by Starks Company: Jan. 31 Purchased 87, S1,000 government bonds at 100 plus 30 days' accrued interest. The bands pay 6% annual interest on July 1 and January 1. Received semiannual interest on bond investment. Sold 45, $1.000 bonds at 99 plus $450 accrued interest July 1 Aug 29 Required: al Journalize the entries for these transactions. Refer to the Chart of Accounts for exact wording of account titles. Assume a 360-day year b. Provide the December 31, 2016, adjusting journal entry for semiannual interest earned on the bonds. ok Show Me How Calculator Print Item Instructions Chart of Accounts Journal Instructions Chart of Accounts Th JUINS Wally General Ledger ASSETS REVENUE 110 Cash 410 Sales 611 Interest Revenue 111 Petty Cash 120 Accounts Receivable 121 Allowance for Doubtful Accounts 612 Dividend Revenue 631 Gain on Sale of Investments 131 Notes Receivable 641 Unrealized Gain on Trading Investments 132 Interest Receivable EXPENSES 141 Merchandise Inventory 145 Office Supplies 511 Cost of Merchandise Sold 512 Bad Debt Expense 515 Credit Card Expense 146 Store Supplies 151 Prepaid Insurance 516 Cash Short and Over 161 Investments-Government Bonds 165 Valuation Allowance for Trading Investments 166 Valuation Allowance for Available for Sale Investments 520 Salaries Expense 531 Advertising Expense Previous Check My Work 1 more Check My Work uses remaining Save and Ext Submit Assignme All work saved. JIYIM.DBHvoker=&takeAssignmentSessionLocator=&inprogress=false eBook Show Me How Calculator Print Item Instructions Chart of Accounts Journal Instructions Chart of Accounts Th 515 Credit Card Expense 516 Cash Short and Over 520 Salaries Expense 151 Prepaid Insurance 161 Investments-Government Bonds 165 Valuation Allowance for Trading Investments 166 Valuation Allowance for Available-for-Sale Investments 181 Land 191 Store Equipment 192 Accumulated Depreciation Store Equipment 193 Office Equipment 194 Accumulated Depreciation Office Equipment 531 Advertising Expense 532 Delivery Expense 533 Repairs Expense 534 Seting Expenses 535 Rent Expense LIABILITIES 536 Insurance Expense 537 Office Supplies Expense 538 Store Supplies Expense 561 Depreciation Expense-Store Equipment 562 Depreciation Expense-Office Equipment 590 Miscellaneous Expense 210 Accounts Payable 221 Notes Payable 231 Interest Payable 241 Salaries Payable 251 Sales Tax Payable 710 Interest Expense 731 Loss on Sale of Investments Previous Check My Work 1 more Check My Work uses remaining Save and Ex Submit Assig Il Calculator Print Item Instructions Chart of Accounts Journal structions Chart of Accounts 710 Interest Expense 241 Salaries Payable 251 Sales Tax Payable 731 Loss on Sale of Investments 741 Unrealized Loss on Trading Investments EQUITY 311 Common Stock 312 Paid-In Capital in Excess of Par-Common Stock 321 Preferred Stock 322 Paid In Capital in Excess of Par-Preferred Stock 331 Treasury Stock 332 Paid-in Capital from Sale of Treasury Stock 340 Retained Earnings 350 Unrealized Gain (Loss) on Available for Sale Investments 351 Cash Dividends 352 Stock Dividends 390 Income Summary

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