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Business, 30.12.2019 21:31 yaz1206

On january 1, skills company purchased as a short-term investment a $1,000, 6% bondfor $1,000. the bond pays interest on january 1. the bond is sold on july 1 for $1,200plus accrued interest. interest has not been accrued since the last interest payment date. what is the entry to record the cash proceeds at the time the bond is sold? a. ,200 debt investments ,200b. ,230 debt ,000 gain on sale of debt interest . ,230 debt ,200 interest . ,200 debt ,000 gain on sale of debt

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On january 1, skills company purchased as a short-term investment a $1,000, 6% bondfor $1,000. the b...
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