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Question 2 of 4 Question 2 of 4 View Policies Current Atternpt in progress On January I. 2021, Macaron Ltd. purchased $198.0M of 10%, 10-year
Question 2 of 4
Question 2 of 4 View Policies Current Atternpt in progress On January I. 2021, Macaron Ltd. purchased $198.0M of 10%, 10-year txnd5 at face value (100) with the intentiOn of selling the bonds early the next year. Interest is received semi-annually on July I January I. At December 31.2021. which is the companVS fiscal year end, the bonds were trading in the market at 95. Assume that Columbia sold tix: bonds for $188. on January 2.2022 R ecord th e sale ofthe bonds. (List an a-itris entries Credit accmmt titles rot indent If no entry is select Entry' for the ctxmt titles and nter O for -bate Account Tides and Explanation Jan. 2 eTextbook and Media List of Accounts nete to search Attempts: O Of I used
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