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Exmple Exercises PE 15-1A Journalize the entries to record the following selected bond investment transactions for Hall Trust a. Purchased for cash $240,000 of Medina

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Exmple Exercises PE 15-1A Journalize the entries to record the following selected bond investment transactions for Hall Trust a. Purchased for cash $240,000 of Medina City 6% bonds at 100 plus accrued interest of $3,600. Bond investment transactions OBJ. 2 EE 15-1725 thow Me iow b. Received first semiannual interest payment. c. Sold $120,000 of the bonds at 98 plus accrued interest of $600. OBJ. 2

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