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On June 1, 2021, Bluesun Company purchased $60,000 of Butler Company 4% bonds at 93. The bonds were dated December 31, 2020, and pay interest
On June 1, 2021, Bluesun Company purchased $60,000 of Butler Company 4% bonds at 93. The bonds were dated December 31, 2020, and pay interest on June 30 and December 31. Required: Journalize Bluesun Company's transaction to record the receipt of interest on June 30, 2021. Date June 30 Account Title Debit Credit
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Principles Of Financial And Managerial Accounting
Authors: James Don Edwards, Roger H. Hermanson
1st Edition
0256130000, 978-0256130003
