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If Dockers Ltd. purchased as a long-term investment, S50,000 face value of Acme bonds at a price of 1025, the journal entry to record the

If Dockers Ltd. purchased as a long-term investment, S50,000 face value of Acme bonds at a price of 1025, the journal entry to record the purchase would include a debit to Premium on Bonds. Select one: O True False

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