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with dates! On October 1 , Marcus Corporation purchased $20,000 of 6% bonds of Roberts Corporation, due in 81/2 years. The bonds were purchased at

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On October 1 , Marcus Corporation purchased $20,000 of 6% bonds of Roberts Corporation, due in 81/2 years. The bonds were purchased at their face amount plus interest of $400 accrued from July 1 , the date of the last semiannual interest payments. Required: Joumalize the purchase. Fefer to the Chart of Apcounts for exact wording of account titfes. Chart Of Accounts ASSETS REVENUE 110 Cash 410 Sales 120 Accounts Receivable 611 Interest Revenue 121 Allowance for Doubtful Accounts 612 Dividend Revenue 131 Notes Recelvable 631 Gain on Sale of Investments 132 Interest Receivable 641 Unrealized Gain on Trading 141 Merchandise Inventory Investments 151 Supplies 152 Prepaid Insurance EXPENSES 161 Investments-Roberts Corporation Bonds 511 Cost of Merchandise Sold 165 Valuation Allowance for Trading Investments 512 Bad Debt Expense 166 Valuation Allowance for Available-for-Sale Investments 522 Salaries Expense 181 Land 531 Advertising Expense 191 Equipment 532 Rent Expense 192 Accumulated Depreciation-Equipment 533 Insurance Expense 534 Supplies Expense LIABILITIES 561 Depreciation Expense-Equipment 210 Accounts Payable 590 Miscellaneous Expense 5 Journalize the purchase on October 1. Refer to the Chart of Accounts for exact wording of account titles

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