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Presented below is an amortization schedule related to Culver Company's 5 -year, $160,000 bond witha 8% interest rate and a 6% yield, purchased on December

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Presented below is an amortization schedule related to Culver Company's 5 -year, $160,000 bond witha 8% interest rate and a 6% yield, purchased on December 31, 2023, for $173,480. The followire schedule presents a comparison of the amortired cost and fair value of the bonds at year-end The following schedule presents a comparison of the amortized cost and fair value of the bonds at year-end. (a) Prepare the journal entry to record the purchase of these bonds on December 31,2023, assuming the bonds are classified as held-to-maturity securities. (b) Prepare the journal entry related to the held-to-maturity bonds for 2024. (c) Prepare the journal entry related to the held to-maturity bonds for 2026 . (d) Prepare the journal entry to record the purchase of these bonds, assuming they are classified as available-for-sale. (e) Prepare the journal entries related to the available-for-5ale bonds for 2024 , (1) Prepare the journal entries related to the avallable-for-sale bonds for 2026 . (List all debit entries before credit entries, Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the anounts.) (b) (c) (d) (v) (To recoud interest revenuat) () (To record interest revenue.) (To record adjustment.) (f) (To record interest revenue.) (To record adjustment.)

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