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point(s) possible mit test Leonard Technologies invests $66,000 to acquire $66,000 face value, 12%, five-year corporate bonds on December 31, 2024. The bonds pay
point(s) possible mit test Leonard Technologies invests $66,000 to acquire $66,000 face value, 12%, five-year corporate bonds on December 31, 2024. The bonds pay interest semiannually on December 31 and June 30 every year until maturity. Assume Leonard Technologies uses a calendar year. Based on the information provided, which of the following will be included in the journal entry for the transaction on December 31, 2025? OA. a credit to Interest Revenue for $3.960 OB. a debit to Interest Revenue for $3.960 OC. a debit to Interest Revenue for $7,920 OD. a credit to Interest Revenue for $7,920 Time Limit: 02:30:00 Next
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