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Multiple Choice Question 48 Marigold Company acquires 52, 9%, 5 year, $1,000 Community bonds on January 1, 2020 for $52000. Assume Community pays interest on
Multiple Choice Question 48 Marigold Company acquires 52, 9%, 5 year, $1,000 Community bonds on January 1, 2020 for $52000. Assume Community pays interest on January 1. The journal entry at December 31, 2020 would include a credit to 0 Interest Receivable for $4680. O Accrued Expense for $4680. O Interest Revenue for $4680. Interest Receivable for $2340. Click if you would like to Show Work for this question: Open Show Work Que
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