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w Question completion ou CONTI On January 2, 2021, Newt, Inc. purchased as a held-to-maturity investment, 5100,000 of the 15% 10yaers of The bonds pay

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w Question completion ou CONTI On January 2, 2021, Newt, Inc. purchased as a held-to-maturity investment, 5100,000 of the 15% 10yaers of The bonds pay interest annually on January 2. The bonds provide an 12% annual yield te does not the for this investment. Assume Newt's fiscal year end is December 31, 2021. Assume effective-restamos 1. Prepare the journal entry for the purchase of the investment 2. Prepare the journal entry for the fiscal year end adjustment for the discount or premium 3. Prepare the journal entry for receipt of the first annual interest payment 4. Calculate the amortized cost of the investment after the first interest payment Round your answers to the nearest $1. Include the dates for the journal entries. For the coolbar.press ALTFTOP or ALTHF10 Mac B TVs Paragraph Arial V 10pt A 2 T. XO Bar w Question completion ou CONTI On January 2, 2021, Newt, Inc. purchased as a held-to-maturity investment, 5100,000 of the 15% 10yaers of The bonds pay interest annually on January 2. The bonds provide an 12% annual yield te does not the for this investment. Assume Newt's fiscal year end is December 31, 2021. Assume effective-restamos 1. Prepare the journal entry for the purchase of the investment 2. Prepare the journal entry for the fiscal year end adjustment for the discount or premium 3. Prepare the journal entry for receipt of the first annual interest payment 4. Calculate the amortized cost of the investment after the first interest payment Round your answers to the nearest $1. Include the dates for the journal entries. For the coolbar.press ALTFTOP or ALTHF10 Mac B TVs Paragraph Arial V 10pt A 2 T. XO Bar

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