BONDS PURCHASED TO YIELD 8% 10% Date Cash Received Interest Revenue Bond Discount Carrying Amortization...
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BONDS PURCHASED TO YIELD 8% 10% Date Cash Received Interest Revenue Bond Discount Carrying Amortization Amount 1/1/15 92,278 4,614 92,892 4,000 614 7/1/15 The Company records the Credit side of entry of reception of the first semiannual interest payment on July :1, 2015, as follows a. Cash 4,000; Debt Investments 614 b. Cash 4,000 c. Interest Revenue 4,614 d. Interest Revenue 4,614, Debt Investments 614
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