Journalize the entries to record the following selected bond investment transactions for Olson Technologies: (a) Purchased for
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(a) Purchased for cash $90,000 of Hart Industries 7% bonds at 100 plus accrued interest of $1,050.
(b) Received first semiannual interest.
(c) Sold $60,000 of the bonds at 102 plus accrued interest of $750.
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Date a b c Particulars Investments Hart Industries Interest Receiva...View the full answer
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Related Book For 
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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