Back to 18/10-25/10 Question 5 Not yet answered On January 1, 2019. Abdurrahman Retailers purchased OR 100 000 of Masood Company bonds at a discount of OR5,000. The Masood bonds pay 6% interest but were purchased when the market interest rate was 7% for bonds of similar nsk and maturity The bonds pay interest semiannually on January 1 and July 1 of each year. Abdurrahman accounts for the bonds as a held to-matunity investment, and uses the effective interest method in Abdurrahman December 31, 2019. journal entry to record the second period of interest Abdurrahman would record a credit to interest income of Marked out of 200 Flag question Select one a OR3 000 Ob. OR3,325 O c. OR3,500 Od OR3,336 Previous page Next page