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Bond Investment Transactions Journalize the entries to record the following selected bond investment transactions for Starks Products: For a compound transaction, if an amount box

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Bond Investment Transactions Journalize the entries to record the following selected bond investment transactions for Starks Products: For a compound transaction, if an amount box does not require an entry, leave it blank. a. Purchased for cash $120,000 of Iceline, Inc. 6% bonds at 100 plus accrued interest of $1,200, paying interest semiannually. Investments-Iceline, Inc. Bonds Interest Receivable Cash Feedback b. Received first semiannual interest payment. Cash Interest Receivable 11 Interest Revenue Feedback c. Sold $80,000 of the bonds at 102 plus accrued interest of $610. Cash Interest Revenue c. Sold $80,000 of the bonds at 102 plus accrued interest of $610. Cash Interest Revenue lll. llll Gain on Sale of Investments Investments-Iceline, Inc. Bonds

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