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was 5%. The company uses the effective-interest method to amortize any premium or discount on debt security investments. Prepare the required journal entries on July

image text in transcribed was 5%. The company uses the effective-interest method to amortize any premium or discount on debt security investments. Prepare the required journal entries on July 1 and December 31, 2024, and June 30, 2025. (Record entries in the order displayed in th problem statement. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is requi select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.) was 5%. The company uses the effective-interest method to amortize any premium or discount on debt security investments. Prepare the required journal entries on July 1 and December 31, 2024, and June 30, 2025. (Record entries in the order displayed in th problem statement. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is requi select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.)

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