Entries for bond (held-to-maturity) investments Demopoulos Company acquired $192,600 of Marimar Co, 4% bonds on...
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Entries for bond (held-to-maturity) investments Demopoulos Company acquired $192,600 of Marimar Co, 4% bonds on May 1 at their face amount. Interest is paid semiannually on May 1 and November 1. On November 1, Demopoulos Company sold $47,400 of the bonds for 95 . Journalize the entries to record the following: If an amount box does notrequire an entry, leave it blank. a. The initial acquisition of the bonds on May 1 . May 1 b. The semiannual interest recelved on November 1 . Nov, 1 b. The semiannual interest received on November 1 . Nov. 1 d. The accrual of $968 interest on December 31 . Entries for bond (held-to-maturity) investments Demopoulos Company acquired $192,600 of Marimar Co, 4% bonds on May 1 at their face amount. Interest is paid semiannually on May 1 and November 1. On November 1, Demopoulos Company sold $47,400 of the bonds for 95 . Journalize the entries to record the following: If an amount box does notrequire an entry, leave it blank. a. The initial acquisition of the bonds on May 1 . May 1 b. The semiannual interest recelved on November 1 . Nov, 1 b. The semiannual interest received on November 1 . Nov. 1 d. The accrual of $968 interest on December 31
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