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Graham purchased a bond on January 1, 2024, for $130,000. The bond has a face value of $130,000 and matures in 5 years. The bond

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Graham purchased a bond on January 1, 2024, for $130,000. The bond has a face value of $130,000 and matures in 5 years. The bond pays interest on June 30 and December 31 at a 3% annual rate. Graham plans on holding the investment until maturity. Read the requirements Requirement 1. Journalize the 2024 transactions related to Graham's bond investment. Explanations are not required. (Record debits first, then credits. Exclude explanations from Journal entries.) Begin by joumalizing Graham's investment on January 1, 2024 Date Accounts Debit Credit Jan 1 i Requirements 1. Journalize the 2024 transactions related to Graham's bond investment. Explanations are not required. 2. Journalize the transaction related to Graham's disposition of the bond at maturity on December 31, 2028. (Assume the last interest payment has already been recorded.) Explanations are not required. Print Done

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