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Leonard Technologies invests $70,000 to acquire $70,000 face value, 10%, five - year corporate bonds on December 31,2024 . The bonds pay interest semiannually on

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Leonard Technologies invests $70,000 to acquire $70,000 face value, 10%, five - year corporate bonds on December 31,2024 . The bonds pay interest semiannually on December 31 and June 30 every year until maturity. Assume Leonard Technologies uses a calendar year. Based on the information provided, which of the following will be included in the journal entry for the transaction on December 31,2025 ? A. a credit to Interest Revenue for $3,500 B. a debit to Interest Revenue for $3,500 C. a debit to Interest Revenue for $7,000 D. a credit to Interest Revenue for $7,000

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