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can someone please help me with this? please shiw formulas E 17-2 (Entries for Held-to-Maturity Securities) On January 1 2013 at par purchased 12% bonds
can someone please help me with this? please shiw formulas E 17-2 (Entries for Held-to-Maturity Securities) On January 1 2013 at par purchased 12% bonds having a maturity value of 300,000 They are Tated sanuar t207e aateonterest receivabie becember 31 of each year The bonds are classified in the held-to-maturity category Instructions (a) Prepare the journal entry at the date of the bond purchase Jan 1, 13 Am (b) Prepare the journal entry to record the interest received for 2013. Amount Dec 31, 13 Account title Account title (c) Prepare the journal entry to record the interest received for 2014. Dec 31, 14 Account Title
can someone please help me with this? please shiw formulas
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