question 43

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Question 43 of 46 -/1 View Policies Current Attempt in Progress On January 1, 2021, Blossom Ltd. purchased at face value, a $1200, 4.2%, bond that pays interest on January 1 and July 1. Blossom has a calendar year end. The entry for the receipt of interest on January 1, 2022 is: O Cash Interest Revenue 50.40 50.40 O Cash 25.20 Interest Revenue 25.20 O Cash 25.20 Interest Receivable 25,20 O Cash 50.40 Interest Receivable 50.40 Attempts: 0 of 1 used Ant Save for later