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Q E12-3 Brook Company Ltd. purchased 70 Meissner Company AG 9 bonds on January 1, 2017, for 70,000. The bonds pay interest annu On January

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Q E12-3 Brook Company Ltd. purchased 70 Meissner Company AG 9 bonds on January 1, 2017, for 70,000. The bonds pay interest annu On January 1, 2018, after receipt of interest, Brook Company sold 4 40,300. Instructions Prepare the journal entries to record the transactions described above

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