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recelves interest semiannually on June 30 and December 31 How will the investment in bonds and the receipt of the first interest payment affect the

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recelves interest semiannually on June 30 and December 31 How will the investment in bonds and the receipt of the first interest payment affect the finuncial statements? Complete this quection by entering your answers in the tabs belew. Salt foods purchases tinenty $1,000,7%,10-year bends issued by Pretzeimana, incorporatid, for 120,000 on lanuary 1. Note: Antwunts to be deducted should be indicated by a minus sign. 5ait Foods purchases twenty $1,000,7%,10 year bonds issued by Protzelmania, Incorporated, for $20,000 on January 1.5 it Foods tecelves interest semiannually on June 30 and December 31 . How will the investment in bonds and the receipt of the first interest payment affect the financial statements? Complete this question by entering your answers in the tabs below. Sait Foods purchases twenty $1,000, JW, 10-vear bonds issued by Pretreimania, Incorporated, for $20,000 on January 1.5 alt Foods feceives interest semiannusly of Ju Note: Amounts to be deducted should be indicated by a minus sign

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