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Slinky Dog Corporation purchased 85, $1,000, 5% bonds as debt investments for 85,000 on January 1, 2020. On December 31, 2020, Slinky Dog Corporation made

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Slinky Dog Corporation purchased 85, $1,000, 5% bonds as debt investments for 85,000 on January 1, 2020. On December 31, 2020, Slinky Dog Corporation made an adjusting entry for the accrual of interest. The entry to record the interest accrual would include

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