Question: Current Attempt in Progress Dynatech front Inc. made the following bond investment during the year for the purpose of trading. Assume Dynatech uses the fair

 Current Attempt in Progress Dynatech front Inc. made the following bond
Current Attempt in Progress
Dynatech front Inc. made the following bond investment during the year for the purpose of trading. Assume Dynatech uses the fair value through profit or loss model and has a fiscal year end at March 31,2025.
Feb. 1,2025 Purchased Arnprior Bonds at par for $29,100. Interest is paid semi-annually at a rate of 4% per year on February 1 and August 1 each year.
Mar. 31,
2025
The Arnprior Bonds were trading at 101.
Aug. 1.
2025
Collected interest on the Arnprior Bonds.
Aug. 2,
2025
Sold the Arnprior Bonds for $29,580.
(a) Record the above transactions and any necessary adjusting entries for Dynatech Front at its year end of March 31,2025.(Round onswers to 0 decimal places, es.125. Credit occount ditles ore outomatically indelted when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter 0 for the amounts. List all debit entries before credit entries. Record journal entries in the order presented in the problem.)
investment during the year for the purpose of trading. Assume Dynatech uses

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