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Bonita Company acquires 55,8%, 5 year, 51000 Community bonds on January 1, 2020 for $55000 The journal entry to record this investment includes a debit

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Bonita Company acquires 55,8%, 5 year, 51000 Community bonds on January 1, 2020 for $55000 The journal entry to record this investment includes a debit to Debt Investments for $59400. Stock Investments for $55000 Cash for $55000 Debt Investments for $55000

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