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gni hent/ takeAssignmentMain.doinvoker-assignments&takeAssignm.. eBook Entries for Investment in Bonds, Interest, and Sale of Bonds Gonzalez Company acquired $157,800 of walker Co., 5% bonds on May

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gni hent/ takeAssignmentMain.doinvoker-assignments&takeAssignm.. eBook Entries for Investment in Bonds, Interest, and Sale of Bonds Gonzalez Company acquired $157,800 of walker Co., 5% bonds on May 1 at their face amount. Interest is paid semiannually on May 1 and November 1. On November 1, Gonzalez Company sold $47,400 of the bonds for 96. Journalize entries to record the following in Year 1: For Show Me How Calculator a compound transaction, if an amount box does not require an entry, leave it blank. a. The initial acquisition of the bonds on May 1. May 1 b. The semiannual interest received on November 1. Nov. 1 c. The sale of the bonds on November 1. Nov. 1

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