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Blossom Corporation purchased debt investments for $45,000 on January 1, 2020. On July 1, 2020, Blossom received cash interest of $2,025. Journalize the purchase and
Blossom Corporation purchased debt investments for $45,000 on January 1, 2020. On July 1, 2020, Blossom received cash interest of $2,025. Journalize the purchase and the receipt of interest. Assume th...
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