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5 of 7 View Policies Show Attempt History < Current Attempt in Progress Your answer is partially correct. 0.3/1 E On January 1, 2021, Runner
5 of 7 View Policies Show Attempt History < Current Attempt in Progress Your answer is partially correct. 0.3/1 E On January 1, 2021, Runner Ltd. purchased $198,000 of 10%, 10-year bonds at face value (100) with the intention of selling the bonds early the next year. Interest is received semi-annually on July 1 and January 1. At December 31, 2021, which is the company's fiscal year end, the bonds were trading in the market at 95. Assume that Columbia sold the bonds for $188.100 on January 2.2022. Record the sale of the bonds. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Jan. 2 Bonds Payable Cash eTextbook and Media List of Accounts Debit 198000 Credit 198000 Attempts: 1 of 3 used Repeat with New Values
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