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Business, 08.01.2020 11:31 Tyrant4life

Carow's sa purchased on january1,2014,as a held for collection investment $60,000 of the 8%,5years bonds of harrison, inc. which provides a 9%return. the bond interest semiannually.
required
prepare
a, carow's journal entries for the purchase of investment,
b, prepare the premium a discount schedule and journalize receipt of semiannual interest and discount amortization.

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Carow's sa purchased on january1,2014,as a held for collection investment $60,000 of the 8%,5years b...
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