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please make sure that the answer is visible Trammel Inc, a public company, had the following transactions pertaining to debt investments held as trading investments:

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Trammel Inc, a public company, had the following transactions pertaining to debt investments held as trading investments: Jan 1 Purchased 45, 10%, $1,000 Salsa Inc. bonds for $45,000. Interest is payable semi-annually on July 1 and January 1 Jul Received semi-annual interest on Salsa Inc. bonds. Sold 32 Salsa Inc. bonds for $38,000. Dec 31 Salsa Inc. bonds were trading at 103. 1 1 Instructions a) Journalize the transactions. b) Prepare the required adjusting journal entries at December 31. ***SHOW YOUR WORK FOR PARTIAL MARKS!!!***

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