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43. Corporations invest in other companies for all of the following reasons except to a. house excess cash until needed. b. generate earnings. c. meet

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43. Corporations invest in other companies for all of the following reasons except to a. house excess cash until needed. b. generate earnings. c. meet strategic goals. d. increase trading of the other companies' stock. 44. On January 1, 2020, Samson Company purchased at face value, a $1,000, 8% bond that pays interest on January 1 and July 1. Samson Company has a calendar year end. The entry for the receipt of interest on July 1, 2020, is 80 80 40 a. Cash Interest Revenue b. Cash Interest Revenue. C. Cash Interest Revenue d. Interest Receivable Interest Revenue 40 80 80 40 40

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