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9. Regarding to question No:7 XYZ records the amortization for 2018 as: (3 Points) De Debt investments 55.400 De Debt investments $4.800 Co. Debe lovestments

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9. Regarding to question No:7 XYZ records the amortization for 2018 as: (3 Points) De Debt investments 55.400 De Debt investments $4.800 Co. Debe lovestments 35.400 Destine 54.300 10. Regarding to question No. 7 Assuming XYZ used the fair value option with a fair value of the bonds is 5575.com December 31 2018 XYZ records unrealized holding gain or loss Points 7. Questions 7-10: On Jan 1, 2018, XYZ Company purchase 10% bonds, having a maturity value of $510,000, for $570,000. The bonds provide the bondholders with a 8% yield. They are dated Jan 1, 2018, and mature Jan 1, 2023 with interest receivable December 31 of each year. XYZ's business model is to hold these bonds to collect contractual cash flow. XYZ records at the date of the bond purchase as: (3 Points) Cr. Cash $510,000 Cr. Debt Investments $570,000 Dr. Debt Investments... $570,000 Dr. Debt Investment $510,000 8. Regarding to question No:7 XYZ records the interest received for 2018 as: (3 Points) Cr. Interest Receivable $57.000 Cr. Interest Ravenue $45.600 De Interest Ravne 545 600 Dr interest Revenue. 540300

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