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Barnes Company purchased 568.000 of 8.0% bonds et par. The bonds meture in six years and are classified as a held-to-maturity security. Which of the
Barnes Company purchased 568.000 of 8.0% bonds et par. The bonds meture in six years and are classified as a held-to-maturity security. Which of the following is the correct journal entry to record the receipt of the usual semiannual interest payment? Multiple Choice debit Unrealized Gain-Equity, $2.720 credit Cach, 52.720 lebit Cash $2,720. credit Long-Term Investments-Hw $2,720 stebil Cosh $5,-1-10; chevil Urleized Gail-Eyuily. 5.10. klebit Cosh. $2,720. credit Interest Reserve, $2720 debit Cash $5,440 credit Long-Term Investments-HTM, S5,440
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