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Please help. Thank you. On January 1, 2018, Bravo Company had issued $250,000, 10 year bonds, paying 8% interest semi-annually on January 1 and July

Please help. Thank you.

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On January 1, 2018, Bravo Company had issued $250,000, 10 year bonds, paying 8% interest semi-annually on January 1 and July 1. These bonds were issued at par. On January 1, 2020, Alpha acquired 100% of the outstanding stock of Bravo Company. On that date, Alpha paid $300,000 to acquire all of the outstanding bonds from Bravo's 2018 issuance. Assume that the straight line method is used to amortize the premium on the bonds. Prepare the eliminating entries that would be made for the December 31, 2020 consolidated financial statements with respect to the intracompany bond activity

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