Record the entry to eliminate the intercompany bond holdings.

Required A Required B Required C Prepare the journal entries for 20X2 for Stick related to its ownership of Pretzel's bonds. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round your intermediate calculations. Round your final answers to nearest whole dollar. No General Journal Investment in Pretzel Corporation bonds Cash Cash Interest income Investment in Pretzel Corporation bonds Interest receivable Interest income Investment in Pretzel Corporation bonds Debit 160,000 6,200 e Credit 160,000 e 3 January 1, 20X2 July 1, 20X2 December 31, 20