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E. Assuming the bonds are classified as Trading investment,prepare the journal entries on aforementioned dates.TABLE FORMAT BELOW(FILL THE ANSWERS) On December 31, 2015, Martin Corp

E. Assuming the bonds are classified as Trading investment,prepare the journal entries on aforementioned dates.TABLE FORMAT BELOW(FILL THE ANSWERS) On December 31, 2015, Martin Corp invested in Marlin's 5-year, \( \$ 200,000 \) bond with a \( 5 \% \) interest rate for \( \$ 191,575 \). The bond pays semiannual interest on June \( 30^{\text {th }} 2 answers

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