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Petersen Stores invested in $100,000 face amount of 4-year bonds issued by Erilt Food Supply Company on jahuary 1r 203:1. The bonds were purchased at

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Petersen Stores invested in $100,000 face amount of 4-year bonds issued by Erilt Food Supply Company on jahuary 1r 203:1. The bonds were purchased at 00, and hear interest at a stated rate of 0% per annum, payable semiannually. la] Prepare the journal entry to record the initial investment onjanuary. 203(1. lo} Prepare the journal entry that Petersen would record on each interest date. lc} Prepare the journal entry that Petersen would record at maturity of the ponds. id} How much cash flowed "in" and "out" on this ihyestmeht. and how does the difference compare to total Interest income that was recognized

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