Journalize the entries to record the following selected held-to-maturity investment transactions for Oregon Technologies Inc: Oct. 21.
Question:
Journalize the entries to record the following selected held-to-maturity investment transactions for Oregon Technologies Inc:
Oct. 21. Purchased for cash $100,000 of Krump Industries Ltd. 7% bonds at 100 plus accrued interest of $1,750.
Nov. 30. Received the semiannual interest payment on the Krump Industries Ltd. bonds.
Dec. 31. Accrued interest on the Krump Industries Ltd. bonds.
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Oct 24 HeldtoMaturity InvestmentsKrump Industries Ltd 10000...View the full answer
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