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[Show your computation] On October 1, 2022, Martial Corp. acquired 200, 1,000,9% Holding's bonds for 201,886 (an 8% effective interest rate), and plan to hold
[Show your computation] On October 1, 2022, Martial Corp. acquired 200, 1,000,9% Holding's bonds for 201,886 (an 8% effective interest rate), and plan to hold the debt until maturity. Interest is paid semiannually on April 1 and October 1 and the bonds mature on October 1, 2023. Martial uses effective interest amortization. Instructions Prepare the journal entry at 31 December 2022
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