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On September 1, 2020, Black Jack Limited (BJL) purchased a $20,000, 180-day with 6% annual interest rate treasury bill for $19,416. BJL recorded an adjusting
On September 1, 2020, Black Jack Limited (BJL) purchased a $20,000, 180-day with 6% annual interest rate treasury bill for $19,416. BJL recorded an adjusting entry to accrue interest revenue at year-end, December 31, 2020. On February 28, 2021, BJL will make an adjustment to amortize the discount by O increasing the interest revenue account. O decreasing the interest revenue account. decreasing the bond investment. O increasing the cash. 
On September 1, 2020, Black Jack Limited (BJL) purchased a $20,000,180-day with 6% annual interest rate treasury bill for $19,416. BJL recorded an adjusting entry to accrue interest revenue at year-end, December 31,2020 , On February 28, 2021, BJL will make an adjustment to amortize the discount by increasing the interest revenue account. decreasing the interest revenue account. decreasing the bond investment. Increasing the cash
On September 1, 2020, Black Jack Limited (BJL) purchased a $20,000, 180-day with 6% annual interest rate treasury bill for $19,416. BJL recorded an adjusting entry to accrue interest revenue at year-end, December 31, 2020. On February 28, 2021, BJL will make an adjustment to amortize the discount by O increasing the interest revenue account. O decreasing the interest revenue account. decreasing the bond investment. O increasing the cash.
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