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On December 31. 2022, Bramble Corp. acquired an investment in GT Ltd, bonds with a nominal interest rate of 10% (received each December 31 ),

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On December 31. 2022, Bramble Corp. acquired an investment in GT Ltd, bonds with a nominal interest rate of 10% (received each December 31 ), and the controller produced the following bond amortization schedule based on an effective rate of approximately 16\%. The bonds mature on December 31, 2025. The company prepares financial statements each December 31 following IFRS. Management is in the process of determining whether to hold these bonds for their future cash flows in order to repay debt that is also maturing at the end of 2025 , or whether they will hold them for trading purposes. 2025 Dec. 31 (To record collection of interest) Dec. 31 (To record maturity of bond investment) eTextbook and Media List of Accounts Save for Later Attempts: 0 of 2 used Subint Ariswer Assume that management determines these bonds will be held until the end of 2025 , with the proceeds being used to retire maturing debt. Prepare all journal entries required at December 31,2022, 2023, 2024, and 2025, including the recognition of interest income and the bonds' ultimate redemption. (Round onswer to 0 decimal places, e.g. 5.275. Credit account titles ore automaticolly indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry* for the account titles and enter o for the amounts. List all debit entries before credit entries.)

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