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Business, 31.07.2020 06:01 goblebrandon

Journalize 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 $114,000 of Iceline, Inc. 9% bonds at 100 plus accrued interest of $1,710, paying interest semiannually. b. Received first semiannual interest payment. c. Sold $76,000 of the bonds at 103 plus accrued interest of $870.

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