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en 17 red d out of Rose Company purchased 20 Lily Company 6%, 10-year, $1,000 bonds on January 1, 2020, for $20.000. The bonds pay

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en 17 red d out of Rose Company purchased 20 Lily Company 6%, 10-year, $1,000 bonds on January 1, 2020, for $20.000. The bonds pay interest annually on January 1. On January 1, 2021, after receipt of interest Rose Company sold 5 of the bonds for $6,000 Prepare necessary journal entries for January 1, 2020 through January 1, 2021. Make sure that you date all entries appropriately (you won't receive points if your entry is recorded on the incorrect date. Additional hint - you should have a total of four journal entries recorded for this problem. 3 don o

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