Ayayai Corporation purchased trading investment bonds for $41,000 at par. At December 31, Ayayai received...
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Ayayai Corporation purchased trading investment bonds for $ at par. At December Ayayai received annual interest of $ and the fair value of the bonds was $ Prepare Ayayai' journal entries for a the purchase of the investment, b the interest received, and c the fair value adjustment. Assume a zero balance in the Fair Value Adjustment account. 
Ayayai Corporation purchased trading investment bonds for $ at par. At December Ayayai received annual interest of $ and the fair value of the bonds was $
Prepare Ayayai' journal entries for a the purchase of the investment, b the interest received, and c the fair value adjustment. Assume a zero balance in the Fair Value Adjustment account.
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