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Question 3 10 pts Waterways Inc. purchased bonds for $125,000 that have a maturity value of $150,000. Waterways Inc's journal entry to record the purchase

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Question 3 10 pts Waterways Inc. purchased bonds for $125,000 that have a maturity value of $150,000. Waterways Inc's journal entry to record the purchase would include a: credit to Premium on Bond Investment debit to Discount on Bond Invesment debit to Premium on Bond Investment credit to Discount on Bond Investment D Question 4 10 pt Match the type of debt investment with the valuation method for reporting on the balance sheet. Held-to-maturity [Choose Choose Trading Fair value Amortized cost Available for sale [ Choose

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