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On October 1 , 2 0 2 5 , Sheridan Company purchased to hold to maturity, 4 5 0 0 , $ 1 0 0
On October Sheridan Company purchased to hold to maturity, $ bonds for $ which includes $ accrued interest. The bonds, which mature on February pay interest semiannually on February and August Sheridan uses the straightline method of amortization. The bonds should be report in the December balance sheet at a carrying value of
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