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Watt Company purchased $300,000 of bonds for $315,000. If Watt intends to hold the securities to maturity, the entry to record the investment includes a

Watt Company purchased $300,000 of bonds for $315,000. If Watt intends to hold the securities to maturity, the entry to record the investment includes

a debit to Debt Investments at $300,000.

a credit to Premium on Debt Investments of $15,000.

a debit to Debt Investments at $315,000.

none of these choices are correct.

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