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please show all steps A company holds a $100,000 ace value corporate bond, bought January 1, 2013, paying 4+ annually on December 31, and maturing
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A company holds a $100,000 ace value corporate bond, bought January 1, 2013, paying 4+ annually on December 31, and maturing December 31, 2016. The company paid $93,070 for the bond, to yield 6t. The company categorises the bond as a held-to-maturity investment, and its accounting year ends December 31. 5. 2016 Please provide the journal entries that would be recorded by the company for 2013 Step by Step Solution
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