Gerges Inc. engaged in the following non-strategic investment transactions during

Gerges Inc. engaged in the following non-strategic investment transactions during 2014:

Gerges Inc. engaged in the following non-strategic investment transactions during

Required
1. Prepare an amortization schedule for the Jarvis bond showing only 2014 and 2015.
2. Prepare the entries to record the transactions described above.
3. Show how the investments would be reported on Gerges’ December 31, 2014, balancesheet.

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