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Instructions Jan. 31 Purchased 75,$1,000 government bonds at 100 plus accrued interest of $313 (1 month). The bonds pay 5% annual interest on July 1

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Instructions Jan. 31 Purchased 75,$1,000 government bonds at 100 plus accrued interest of $313 (1 month). The bonds pay 5% annual interest on July 1 and January 1. July 1 Received semiannual interest on bond investment. Aug. 30 Sold 33,$1,000 bonds at 95 plus $275 accrued interest ( 2 months). Required: a. Joumalize the entries for the preceding transactions." b. Joumalize the December 31 adjusting entry for semiannual interest eamed on the bonds." c. Joumalize the receipt of $42,000 at the bonds' maturity on July t. "Refer to the chart of accounts for the exact wording of the account tites. CNOW joumals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journais will automatically indent a credit entry when a credit amount is entered. Assume a 360-day year, Do not round your intermediate calculations and round final answers to the nearest dollar

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