Question: Current Attempt in Progress On January 1, 2021. Macaron Ltd. purchased $198.000 of 10% 10 Year bonds at face value (100) with the intention of

Current Attempt in Progress On January 1, 2021. Macaron Ltd. purchased $198.000 of 10% 10 Year bonds at face value (100) with the intention of selling the bonds early the next year. Interest is received semi-annually on July and Janary At December 31, 2021. which is the company's fiscal year end the bonds were trading in the market at 95. Assume that Columbia sold the bands for 5188.100 on January 2 2022 Current Attempt in Progress On January 1, 2021. Macaron Ltd, purchased $198.000 of 10% 10-year bordsat facevole rol with the intention de ses in the bonds early the next year, interest is received semi-annually on July 1 and January 1 December 31, 202, the fiscal year end, the bonds were trading in the market at 95. Assume that Columbusoid the bonds for SIRR 100.2.2012 Record the sale of the bonds. (Listall debit entries before credit entries Credit account deles are automatically indented to the entered Do not indent manually. If no entry is required. Select "No Entry for the account and enter for the Date Account Titles and Explanation Debit Credit 9 7 8 2 7 5 4 P 1 (LA) 3 E Y U R T W E L H E F S A N . B C V X N
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