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Question a . 1 . Record the journal entry for the purchase of the bond. 2 . Prepare a compound entry to record the interest
Question a
Record the journal entry for the purchase of the bond.
Prepare a compound entry to record the interest revenue earned and due on the bond at December
Prepare any journal entry required relating to the change in fair value of the bond as of December
Question b
Record the journal entry for the purchase of the shares of Sanford.
Prepare the entry to show the December dividends declare
Prepare any journal entry required relating to the change in fair value of the shares of Sanford as of December
Question C
Record the journal entry for the purchase of the shares of Pye Brook.
prepare any entry for Fonseca related to Pye Brooks earning net income of $ comma for the six months ended December
Prepare any entry related to Pye Brooks declaration and payment of dividends of $ to its shareholders on December
prepare any journal entry required relating to the change in fair value of the Pye Brook shares as of December
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