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Sept. 1 Received semiannual interest on the Weich Co: bonds. 30 Sold $40,000 of Welch Co. bonds at 97 plus accrued interest of $200. Nov.

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Sept. 1 Received semiannual interest on the Weich Co: bonds. 30 Sold $40,000 of Welch Co. bonds at 97 plus accrued interest of $200. Nov. 1 Received semiannual interest on the Bailey bonds. Dec 31 Accrued interest on the Welch Co bonds. 31 Accrued interest on the Baley bonds. Record these transactions on page it Required: 1 Joumalize the entrios to recond these transactions. Alefer to the chart of accounss for the exact wording of the account tiales. CwOW joumals do not use ines for journal explanations. Every line on a joumal page is used for debit or credit entries. CNOW joumals will autovnaticaly inderit a credit entry when a credit amount is entered. Assume 360 days a yoar. Do not reund your intermediate calculations and round final answers to the nearest dollar. 2 If the bond portfolo is elassifed as an avallable-for-sale investment, how would if be reported on the financal statements? Scto indusenes inc. is an athletic footware company that began cperafions on January 1,20Y3. The following ace bond incld to-matunty) transactions by Soto Industres Inc, which has a fisedt yoar anding on Docember 31 - Aecond these transactions on page 10

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