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Question 9 On January 1, 2017, Oriole Company purchased at face value, a $1230, 10% bond that pays interest on January 1. Oriole Company has

Question 9 On January 1, 2017, Oriole Company purchased at face value, a $1230, 10% bond that pays interest on January 1. Oriole Company has a calendar year-end. The entry for the receipt of interest on January 1, 2018 is

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Cash 123 Interest Revenue 123 Cash 62 Interest Revenue 62 Cash 123 Interest Receivable 123 Cash 135 Interest Revenue 135

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