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O words Question 18 5 pts Investment in Marketable Securities On January 3, 20x1, Matthew Corporation purchased the following debt securities as an investment. The
O words Question 18 5 pts Investment in Marketable Securities On January 3, 20x1, Matthew Corporation purchased the following debt securities as an investment. The securities are classified as available for sale. Security Cost $35,000 B $30,000 C $40,000 Prepare the journal entry to record the acquisition of the debt. HTML Editore A - IX E3 X x Vw 12pt Paragraph Investment in Marketable Securities (Refer to the information about Matthew Corporation in the previous problem).On June 30, 20x1, Matthew Corporation received interest of $4,000 on the securities. Prepare the journal entry that would be used by Matthew to record the interest receipt
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