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DO IT! Exercises Make entries for bond investment DO ITI 16.1 (LO 1) Kurtyka Corporation had the following transactions relating to debt investments: Jan 1,

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DO IT! Exercises Make entries for bond investment DO ITI 16.1 (LO 1) Kurtyka Corporation had the following transactions relating to debt investments: Jan 1, 2020 Purchased 50, 51,000, 10% Spiller Company bonds for $50,000. Interest is payable annually on January 1 Dec 31, 2020 Accrued interest on Spiller Company bonds. Jan 1, 2021 Received interest from Spiller Company bonds. Jan 1, 2021 Sold 30 Spiller Company bonds for $29,000, Journalize the above transactions, including the adjusting entry for the accrual of interest on December 31, 2020. nabaliwanan antingting. Mabelleri

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