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Ownbey Corporation purchased debt investments for $57,000on January 1, 2017. On July 1, 2017, Ownbey received cash interest of $3,800. Journalize the purchase and the

Ownbey Corporation purchased debt investments for $57,000on January 1, 2017. On July 1, 2017, Ownbey received cash interest of $3,800.

Journalize the purchase and the receipt of interest. Assume that no interest has been accrued.

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