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Entries for bond (held-to-maturity) investments The following bond investment transactions were coenpleted by Starks Company? Jan. 31 Purchased 39, 51,000 government bonds at 100 plus
Entries for bond (held-to-maturity) investments The following bond investment transactions were coenpleted by Starks Company? Jan. 31 Purchased 39, 51,000 government bonds at 100 plus accrued interest of $195 ( 1 month). The bonds pay 6% animul intmrest an Jaly 1 and January 1 July 1 Received semannual interest on bond investment: Nug. 30 Sold 15,$1,000 bonds at 98 plus $150 accrued interest ( 2 months). a. Journalize the entries for these transactions. Assume a 360 -day vear. Do not round interimi calculations, Round finat answers to nearest daitar, if an ameyrt bex doen not reguire an entry, leave it blank
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