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Journalize the entries to record the following selected bond investment for Hall Trust. April 1 Purchase for cash 388,000 of Medina City 4% Bonds At
Journalize the entries to record the following selected bond investment for Hall Trust. April 1 Purchase for cash 388,000 of Medina City 4% Bonds At 100 plus accrued interest of $3880. June 30 Received first semiannual interest payment. July 31 Sold $154,800 of the bonds at 96 plus interest of $516.
Journalize the entries to record the following selected bond investment for Hall Trust.
April 1 Purchase for cash 388,000 of Medina City 4% Bonds At 100 plus accrued interest of $3880.
June 30 Received first semiannual interest payment.
July 31 Sold $154,800 of the bonds at 96 plus interest of $516.
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Cost Accounting
Authors: William K. Carter
14th edition
759338094, 978-0759338098
