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Recording Entries for HTM Debt Securities-Par On January 1, 2020, Larer Inc. purchased for cash, twenty $1,000,4% bonds of Star Corp. at par. The bond

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Recording Entries for HTM Debt Securities-Par On January 1, 2020, Larer Inc. purchased for cash, twenty $1,000,4% bonds of Star Corp. at par. The bond interest is paid annually on January of each year, and the bond maturity date is January 1, 2030. Later the intent and ability to hold the bonds over the full term. The fair value of the bonds on December 31, 2020, s 19,600. a. Record the entry for the purchase of the bonds on January 1, 2020 b. Record the entry to accrue interest revenue on December 31, 2020 c. Record the entry for the receipt of interest on January 1, 2021. Acc Name D. Date jan 1.2030 0 0 . O b. Dec 31, 2020 . 0 0 0 0 0 Check Book Print

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