Business, 19.12.2019 06:31 lydia309

On january 1, 2017, garzon purchased 6% bonds issued by pbs utilities at a cost of $40,000, which is their par value. the bonds pay interest semiannually on july 1 and january 1. for 2017, prepare entries to record garzon's july 1 receipt of interest and its december 31 year-end interest accrual. (do not round your intermediate calculations.)

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On january 1, 2017, garzon purchased 6% bonds issued by pbs utilities at a cost of $40,000, which is...

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