The following bond investment transactions were completed during a recent year by starks company: year 1 jan. 31 purchased 39, $1,000 government bonds at 100 plus accrued interest of $195 (one month). the bonds pay 6% annual interest on july 1 and january 1. july 1 received semiannual interest on bond investment. aug. 30 sold 15, $1,000 bonds at 98 plus $150 accrued interest (two months). a. journalize the entries for these transactions. assume a 360-day year. do not round interim calculations. round final answers to nearest dollar. for a compound transaction, if an amount box does not require an entry, leave it blank. year 1, jan. 31 investments-government bonds interest receivable 195 cash 1,195 year 1, july 1 year 1, aug. 30 feedback a. record the investment at face value. interest that is receivable on the date of purchase must be recorded as well. record the interest revenue as earned. bond principal x interest rate x time = total interest. remember to consider any receivable on the books. calculate the proceeds: first compute the % x face amount of bonds sold. next, adjust the amount for any accrued interest. to complete the entry, determine any gain or loss on the transaction. b. provide the december 31, year 1, adjusting journal entry for semiannual interest earned on the bonds. assume a 360-day year. do not round interim calculations. round final answers to nearest dollar. year 1, dec. 31