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2 9 . Oriole Company purchased $ 1 5 2 5 0 0 0 of 1 0 % bonds of Pharoah Company on January 1
Oriole Company purchased $ of bonds of Pharoah Company on January paying $ The bonds mature on January ; interest is payable each July and January The discount of $ provides an effective yield of Oriole uses the effectiveinterest method and plans to hold these bonds to maturity. On July Oriole should increase its Debt Investments account for the Pharoah Company bonds by $ $ $ $
Oriole Company purchased $ of bonds of Pharoah Company on January paying $ The bonds mature on January ; interest is payable each July and January The discount of $ provides an effective yield of Oriole uses the effectiveinterest method and plans to hold these bonds to maturity. On July Oriole should increase its Debt Investments account for the Pharoah Company bonds by
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