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help me please On January 1,2020, Marin Company purchased 12% bonds, having a maturity value of $308,000 for $331,350.96. The bonds provide each year. Marin

help me please
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On January 1,2020, Marin Company purchased 12% bonds, having a maturity value of $308,000 for $331,350.96. The bonds provide each year. Marin Company uses the effective-interest method to allocate unamortized discount or premium. The bonds are classified as available-for-sale category. The fair value of the bonds at December 31 of each year-end is as follows. (a) Prepare the journal entry at the date of the bond purchase. (b) Prepare the journal entries to record the interest eccrual and amortization, and the recometion of fali value for 2020 (c) Prepare the journal entry to record the recognition of fair value for 2021 (Round answers to 2 decimai places, es, 2,525.25. Credit account titles are outomatically indented when amount is enteres. Do not indent manually, If no entry is required, select "No Entry* for the account titles and enter ofor the amounts)

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