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On January 14, Splish Brothers Corporation purchased 20,11%, $940 Eiger Company bonds for $19,176. On November 30, the company sold 10 of the Eiger Company
On January 14, Splish Brothers Corporation purchased 20,11%, $940 Eiger Company bonds for $19,176. On November 30, the company sold 10 of the Eiger Company bonds for $25,541. Prepare journal entries for the purchase and sale of the Eiger Company bonds. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit
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