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Landmark Corp. buys $520.000 of Schroeder Company's 5%, 5-year boncs peyable, at per value on September 1. Interest payments are made semiennually. Le ndmerk plans

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Landmark Corp. buys $520.000 of Schroeder Company's 5%, 5-year boncs peyable, at per value on September 1. Interest payments are made semiennually. Le ndmerk plans to hold the bonds for the 5-year life. The journal entry to record the purchase should include: Adet 10 Debt livestment-AFS $57DCC. dedit 10 Sock Investments-HTM $5200 Adet 10 Debt westments-Trading Snaca. Adesit to Debt InvestmentTM $520,000 Adeat 10 Cash 3520.000

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