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Recording Entries for HTM Debt Securities- Par years. Lazer has the intent and ability to hold the bonds over the full term. The fair value
Recording Entries for HTM Debt Securities- Par years. Lazer has the intent and ability to hold the bonds over the full term. The fair value of the bonds on December 31 is $9,800. a. Record the entry for the purchase of the bonds on January 1. b. Record the entry to accrue interest revenue on December 31. c. Record the entry for the receipt of interest on January 1 of the following year
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