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Posted on Sep 30, 2024

he purchased 920,000 of 10% bonds at face value on January 1, 2021 . On December 31 , 2021. The bond market value was 975,000

on December 31 2021!record the the journal entry

1 trading securities

record the unrealized holding gain or loss for trading securities

2. record the unrealized holding gain or loss for securities available for sale

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