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journal entry? question #4 On Sept 1, 2018, purchased $15,000 of IBM bonds at face value. The bonds pay interest twice a year on January
journal entry?
question #4 On Sept 1, 2018, purchased $15,000 of IBM bonds at face value. The bonds pay interest twice a year on January 1 and July 1. The annual interest rate is 10%. Prepare the necessary adjusting journal entries at December 31, 2018, assuming the company prepares adjusting entries every month. If no entry is needed, simply type: No entry needed Step by Step Solution
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