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Sheridan Company acquires 54, 9%, 5 year, $1000 Community bonds on January 1, 2020 for $54000. The journal entry to record this investment includes a

Sheridan Company acquires 54, 9%, 5 year, $1000 Community bonds on January 1, 2020 for $54000. The journal entry to record this investment includes a debit to

Stock Investments for $54000.

Debt Investments for $58860.

Debt Investments for $54000.

Cash for $54000.

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