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on 10-1-18, ABC Company invested $40,000 in XYZ bonds that pay a 5% annual interest rate for 5 vears. The interest payments are made on
on 10-1-18, ABC Company invested $40,000 in XYZ bonds that pay a 5% annual interest rate for 5 vears. The interest payments are made on a semi-annual basis with the first payment to be made on 4-1-19. What are the journal entries on 10-1-18, 12-31-18, and 10-1-23? 1)
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