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PE 15-1A Bond investment transactions OBJ. 2 Journalize the entries to record the following selected bond investment transactions for Hall Trust: a. Purchased for cash

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PE 15-1A Bond investment transactions OBJ. 2 Journalize the entries to record the following selected bond investment transactions for Hall Trust: a. Purchased for cash $300,000 of Oates City 4% bonds at 100 plus accrued interest of $3,000, b. Received first semiannual interest payment. c. Sold $150,000 of the bonds at 97 plus accrued interest of $500

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