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27-2A June 30 2019. On January 1, 2019, Parsons Company purchased $84,000, 10 year, 7% government bonds at 100. The semi-annual interest payment dates
27-2A June 30 2019. On January 1, 2019, Parsons Company purchased $84,000, 10 year, 7% government bonds at 100. The semi-annual interest payment dates are June 30 and December 31. Journalize the receipt of interest at June 30. * 2 points Debit Cash $2,940; Credit Interest Revenue $2,940 Debit Cash $5,880; Credit Interest Revenue $5,880 Debit Cash $29,400; Credit Interest Revenue $29,400
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Advanced Quality Auditing
Authors: Lance B. Coleman
1st Edition
087389913X, 978-0873899130
