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Epoch Star & Co. owns vast amounts of corporate bondo. Suppose Epoch Star Requirements cio buys $800,000 of RoastCo bonds ut face value on January

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Epoch Star & Co. owns vast amounts of corporate bondo. Suppose Epoch Star Requirements cio buys $800,000 of RoastCo bonds ut face value on January 2, 2018. The Roastco 1. Journalize any required 2018 entries for the bond investment bonds pay interest at the annual rate of 5% on June 30 and December 31 and mature on December 31, 2022. Epoch Star intends to hold the investment until 2. How much cash interest will Epoch Star receive each year from RoastCo? 3. How much interest revenue will Epoch Star report during 2018 on this bond Stu Investment? Requirement 1. Journalize any required 2018 entries for the bond Investment (Record debits first, then credits. Select the explanation on the last line of the journal ore entry table Chegg a que chegg 51 dc es cl Begin by Journalizing Epoch Star's investment on January 2, 2018 Date Debit Accounts and Explanation estio Credit 2018 Jan 2 uesti 39 Stu Next e more Chegg =99 que o chegg 9.51 or do es cl Next, journalize the receipt of cash interest on June 30, 2018 Date Accounts and Explanation Debit Credit estio 2018 questi Jun 30 99 Stu If Next se more Chego egg que o chegg for do Boes cl Debit Credit Now joumalize the receipt of cash interest on December 31, 2018. jestio Date Accounts and Explanation 2018 questi Dec. 31 egg Stu cle. ... If ase more em Chegg negg que Do chegg Requirement 2. How much cash interest will Epoch Star receive each year from RoastCo? Epoch Star will receive $ of cash interest each year from RoastCo. Requirement 3. How much interest revenue will Epoch Star report during 2018 on this bond investment? Epoch Star will report $ of interest revenue during 2018 on this bond investment

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