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I will give thumbs up for correct answers ASAP! Thank you! Colah Company purchased ( $ 2,600,000 ) of Jackson, Incorporated, ( 6 % )

I will give thumbs up for correct answers ASAP! Thank you! Colah Company purchased \( \$ 2,600,000 \) of Jackson, Incorporated, \( 6 \% \) bonds at par on July 1,2024 , with interest paid semi-annually. Colah determined that it should account for the bonds as 2 answers

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