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Ivanhoe Company purchased $324000 of bonds for $339000 . If Ivanhoe intends to hold the securities to maturity, the entry to record the investment includes
Ivanhoe Company purchased
$324000
of bonds for
$339000
. If Ivanhoe intends to hold the securities to maturity, the entry to record the investment includes\ a debit to Debt Investments at
$324000
.\ a credit to Premium on Debt Investments of
$15,000
.\ a debit to Debt Investments at
$339000
.\ none of these choices are correct.
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