Journalize the entries to record the following selected bond investment transactions for Hall Trust (refer to the Chart of Accounts for exact wording of account titles): Apr. 1 Purchased for cash $334,000 of Medina City 3% bonds at 100 plus accrued interest of $2,505, paying interest semiannually. June 30 Received first semiannual interest payment. July 31 Sold $145,200 of the bonds at 96 plus accrued interest of $363.

Question
Journalize the entries to record the following selected bond investment transactions for Hall Trust (refer to the Chart of Accounts for exact wording of account titles):
Apr. 1 Purchased for cash $334,000 of Medina City 3% bonds at 100 plus accrued interest of $2,505, paying interest semiannually.
June 30 Received first semiannual interest payment.
July 31 Sold $145,200 of the bonds at 96 plus accrued interest of $363.

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