Bond investment transactionsjournalize the entries to record the following selected bond investment transactions for starks products: for a compound transaction, if an amount box does not require an entry, leave it blank. a. purchased for cash $120,000 of iceline, inc. 5% bonds at 100 plus accrued interest of $1,000.b. received first semiannual interest payment. c. sold $60,000 of the bonds at 101 plus accrued interest of $500.