Question: Principles, 12e Help System Announcements Return to Blackboard Brief Exercise 16-1 Ownbey Corporation purchased debt investments for $63,000 on January 1, 2017. On July 1,
Principles, 12e Help System Announcements Return to Blackboard Brief Exercise 16-1 Ownbey Corporation purchased debt investments for $63,000 on January 1, 2017. On July 1, 2017, Ownbey received cash interest of $2,835. Journalize the purchase and the receipt of interest. Assume that no interest has been accrued. (Credit account titles are automatically indented when an entries in the order presented in the problem. If no entry is required, select "No entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT Question Al
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