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On January 1, Hamm Company purchased as an investment a $1,000,6% bond for $1,000. The bond pays interest on January 1. What is the entry

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On January 1, Hamm Company purchased as an investment a $1,000,6% bond for $1,000. The bond pays interest on January 1. What is the entry to record the interest accruat on December 31 ? Interest Receivable 60 Interest Revenue 60 Debt Investments 60 Interest Revenue 60 Interest Receivable 63 Interest Revenue 63 Debt Investments 63 Interest Revenue 63

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