Provide the journal entries for the following: A. On January 1, 20x2 you deposited $12,000 in...

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Provide the journal entries for the following: A. On January 1, 20x2 you deposited $12,000 in a CD at 10% compounded semi-annually (5%, 6 month periods). Maturity date is 12/31/20x5. On 3/15/x2 you establish an account to make quarterly payments of $2,500 beginning 3/31/20x2 and ending 12/31/20x3 (12%, quarterly). В. Provide the journal entries for the following: A. On January 1, 20x2 you deposited $12,000 in a CD at 10% compounded semi-annually (5%, 6 month periods). Maturity date is 12/31/20x5. On 3/15/x2 you establish an account to make quarterly payments of $2,500 beginning 3/31/20x2 and ending 12/31/20x3 (12%, quarterly). В.

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Question id 98958 Date Particulars Debit Credit January 1 20x2 Certificate of deposit Cash account 1... View the full answer