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a) Purchased for cash $130,000 of Jackson, Inc. 10% bonds at 100 olus acrniert intareet ar ea nnn b) Received first semiannual interest navment c)

a) Purchased for cash $130,000 of Jackson, Inc. 10% bonds at 100 olus acrniert intareet ar ea nnn b) Received first semiannual interest navment c) Sold $60.000 of the bonds at 102 plus accrued interest of $600

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