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4) Assumption: On January 01, XXX0; WWW Corporation purchased from HHH Corporation; 30,$1,000 bonds, at 10% Interest will be payable on January 01,XXX1. Actions to

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4) Assumption: On January 01, XXX0; WWW Corporation purchased from HHH Corporation; 30,$1,000 bonds, at 10% Interest will be payable on January 01,XXX1. Actions to take: 1. Prepare the Journal Entry for the acquisition. 2. Prepare the Journal Entry for the interest revenue accrual. 3. Prepare the Journal Entry for the interest payment received

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