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On jan 1 2 0 2 3 pina corporation purchased newly issued 1 5 7 5 0 0 0 bond. the bond matured dec 3

On jan 12023 pina corporation purchased newly issued 1575000 bond. the bond matured dec 312025 and paid interest at 6% every june 30 and dec 31. The market interest rate was 8%. Pina's fiscal year end is october 31 and the company had the intention and ability to hold the bond until its maturity date. The bond will be accounted for using the amortized cost model. prepare the journal entries on the books of Pina corporation for each of the following dates. January 12023 June 302023 October 312023 December 312023 and Deceember 312025(two entries) one for interest and one for maturity of bond.
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