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If Intervale Railway invests $100,000 in 5% bonds at face value that the company intends to hold until the bond maturity date, the interest revenue
If Intervale Railway invests $100,000 in 5% bonds at face value that the company intends to hold until the bond maturity date, the interest revenue recognized when each semiannual interest payment is received would be recorded as a
A. debit to Long-term Investmentslong - Held-to-Maturity, $2,500.
B. credit to Interest Revenue, $2,500
C. debit to Dividend Revenue, $2,500.
D. credit to Cash, $2,500.
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