| || RINCIPLES OF ACCOUNTING Home My courses / 11 PRINCIPLES OF ACCOUNTING General 102 = estion 4 yet wered Green Co. purchased 60, 6% Black Company bonds for $140,000 cash. Interest is payable annually on January 1. If 18 of the securities are sold on May 1 for $57,000 plus accrued interest, the entry would include a credit to Gain on Sale of Debt Investments for $ -ked out of lag estion Answer: Next page evious page (102) - Jump to ste ere to search