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Slater purchased a bond on January 1, 2018, for $160,000. The bond has a face value of 5160,000 and matures in 15 years. The bond

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Slater purchased a bond on January 1, 2018, for $160,000. The bond has a face value of 5160,000 and matures in 15 years. The bond pays interest on June 30 and December 31 at a 2% annual rate. Slater plans on holding the investment until maturity Read the requirements Requirement 1. Journalize the 2018 transactions related to Slater's bond investment. Explanations are not required. (Record dobits first, then credits. Excludo explanations from Journal entries.) Begin by (oumalizing Slater's Investment on January 1, 2018 Date Accounts Debit Credit Jan 1 Next, joumalize Slater's receipt of interest on June 30, 2018 Date Accounts Debit Credit Jun 30 Finally, Joumalize Slator's receipt of interest on December 31, 2018, nate Aen nai atit Time Remaining:01:28:15 Next Finally, journalize Slater's receipt of interest on December 31, 2018. Date Accounts Debit Credit Dec 31 R Requirement 2. Journalize the transaction related to Slater's disposition of the bond at maturity on December 31, 2032. (Assume the last interest payment has already been recorded.) Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries) Date Accounts Debit Credit - Time Romaining: 01:27:51 Next Requirements 1. Journalize the 2018 transactions related to Slater's bond investment. Explanations are not required. 2. Journalize the transaction related to Slater's disposition of the bond at maturity on December 31, 2032. (Assume the last interest payment has already been recorded.) Explanations are not required. Print Done

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