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On May 1, Know Inc. purchases $100,000 of 10-year, 6% Corporation bonds dated March 1 at 100 plus accrued interest. Journalize the entry to record

On May 1, Know Inc. purchases $100,000 of 10-year, 6% Corporation bonds dated March 1 at 100 plus accrued interest. Journalize the entry to record the bond purchase on May 1. Refer to the Chart of Accounts for exact wording of account titles

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