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Hufflepuff purchased a bond on January 1 , 2 0 2 5 , for $ 1 0 0 , 0 0 0 . The bond
Hufflepuff purchased a bond on January for $ The bond has a face value of $ and matures in years. The bond pays interest on June and December at a annual rate. Hufflepuff plans on holding the investment until maturity.
Requirements
Journalize the transactions related to Hufflepuffs bond investment. Explanations are not required.
Journalize the transaction related to Hufflepuffs disposition of the bond at maturity on December Assume the last interest payment has already been recorded. Explanations are not required.
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