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Transactions for Bond (Held-to-Maturity) Investments Rekya Mart Inc. is a general merchandise retall company that began operations on January 1, 20Y5. The following are bond

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Transactions for Bond (Held-to-Maturity) Investments Rekya Mart Inc. is a general merchandise retall company that began operations on January 1, 20Y5. The following are bond (held-tomaturity) transactions by Rekya Mart inc., which has a fiscal year ending on December 31 : 20Y5 Apr. 1. Purchased $66,000 of Smoke Bay 7%,10-year bonds at their face amount plus accrued interest of 5770. The bonds pay intere semiannually on February 1 and August 1. May 16: Purchased $122,000 of Geotherma Co. 6%,12-year bonds at their face amount plus accrued interest of 5305 . The bonds pay if semiannually on May 1 and November 1. Aug. 1. Recelved semiannual interest on the Smoke Bay bonds. Sept. 1. Sold $26,400 of Smoke Bay bonds at 103 plus accrued interest of $154. Nov, 1. Recelved semlannual interest on the Geotherma Co. bonds. Dec. 31 Accrued interest on the Smoke Boy bonds. Dec.31 Acerued interest on the Geotherma Co, bonds. 206 Feb. 1. Received semlannual interest on the smoke Bay bonds: May 1. Received semiannual interest on the Geotherma Co. bonds. Required: 1. Journalize the entries to record these transactions. If an amount box does not require an entry, leave it blank. Do not round your intermediate calculations and round final answers to the nearest dollar. Use the nearest whole month for the interest period. it disclosure? If the bonds are classified as avallable-for-sale securities, then the portfollo of bonds would need to be adjusted to This would be recorded by using a valuation ollowance account and account. Transactions for Bond (Held-to-Maturity) Investments Rekya Mart Inc. is a general merchandise retall company that began operations on January 1, 20Y5. The following are bond (held-tomaturity) transactions by Rekya Mart inc., which has a fiscal year ending on December 31 : 20Y5 Apr. 1. Purchased $66,000 of Smoke Bay 7%,10-year bonds at their face amount plus accrued interest of 5770. The bonds pay intere semiannually on February 1 and August 1. May 16: Purchased $122,000 of Geotherma Co. 6%,12-year bonds at their face amount plus accrued interest of 5305 . The bonds pay if semiannually on May 1 and November 1. Aug. 1. Recelved semiannual interest on the Smoke Bay bonds. Sept. 1. Sold $26,400 of Smoke Bay bonds at 103 plus accrued interest of $154. Nov, 1. Recelved semlannual interest on the Geotherma Co. bonds. Dec. 31 Accrued interest on the Smoke Boy bonds. Dec.31 Acerued interest on the Geotherma Co, bonds. 206 Feb. 1. Received semlannual interest on the smoke Bay bonds: May 1. Received semiannual interest on the Geotherma Co. bonds. Required: 1. Journalize the entries to record these transactions. If an amount box does not require an entry, leave it blank. Do not round your intermediate calculations and round final answers to the nearest dollar. Use the nearest whole month for the interest period. it disclosure? If the bonds are classified as avallable-for-sale securities, then the portfollo of bonds would need to be adjusted to This would be recorded by using a valuation ollowance account and account

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