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Landmark Corporation buys $350.000 of Schroeter Company's 8%, 5-year bonds payable, at par value on September 1 Interest payments are made semiannually, Landmark plans to

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Landmark Corporation buys $350.000 of Schroeter Company's 8%, 5-year bonds payable, at par value on September 1 Interest payments are made semiannually, Landmark plans to hold the bonds for the 5 -year life. When the bonds mature, the journal entry to record the proceeds will be: Multsple Choice Debr Long-Term irvestments-Held-to-maturty (HTM $350,000, credit Cash $350,000 Debit Cash $350,000, credit interest Revenue $350,000 Debit Cash $350,000, credit Debt irwestents-Held-to-maturty (HTM $350,000. 50 Debit Cash $350,000, credi Interest Recevable $350,000

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