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Land ark Corp. bu s 380,000 of Schroeter Company's 6% record the proceeds will be: ve year bonds p y le par volue on September
Land ark Corp. bu s 380,000 of Schroeter Company's 6% record the proceeds will be: ve year bonds p y le par volue on September Interest pm ents are made se annualy and ark pl ns to h the bonds or the ve year e when he bo s mature, the Jou n entry to O Debit Long Term Investments HTM $380000; credit Cash $380000 O Debit Cash $380,000, credit Interest Revenue $380.000. O Debit Cash $380,000, credit Long-Term Investments-HTM $380,000. O Debit Cash $380,000, credit Interest Receivable $380,000. O Debit Cash $380.000. credit Bonds Payable $380000
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