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Bond (Held-to-Maturity Investment Journalize the entries to record the following selected bond investment transactions for Marr Products: If an amount box does not require an

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Bond (Held-to-Maturity Investment Journalize the entries to record the following selected bond investment transactions for Marr Products: If an amount box does not require an entry, leave it blank. Purchased for cash $180,000 of Hotline Inc. 5% bonds at 100 plus accrued interest of $1,500. Investments Hotline Inc. Bonds Interest Receivable lll Cash b. Received first semiannual interest payment. Cash Accounts Receivable c. Sold 590,000 of the bonds at 102 plus accrued interest of $750, Cash III llll

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