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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

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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 debit to Debt Investments at $300,000. a debit to Debt Investments at $315,000. a credit to Premium on Debt Investments of $15,000. None of these choices are correct

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