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Business, 29.11.2019 01:31 cathydaves

Roger technologies invests $50,000 to acquire $50,000 face value, 8%, five-year corporate bonds on january 2, 2017. the bonds will mature on january 2, 2022. the bonds pay interest semiannually on january 2 and july 2 each year until maturity. when roger technologies receives interest payments, how is the accounting equation affected?

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Roger technologies invests $50,000 to acquire $50,000 face value, 8%, five-year corporate bonds on j...
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