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Entries for Testiments in Blonds, Interest, and sale of Bonds Valvagin Investments acquired $277,200 Jerris...

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Accounting

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Entries for Testiments in Blonds, Interest, and sale of Bonds Valvagin Investments acquired $277,200 Jerris Corp, 10% bonds at their face amount on October 1, 2017. The bones pa interest on October 1 and April 1. On April 1, 2011, ayagin sold 187,00 d Jerria bonds at 101 Journalize the entries to record the following Do not round interim calculation. Round fnat answers to nearest dallar. For a compound trotection, I amunt box does not require an entry, leave a blank The initial acquisition of the Serris Corp, bonds on October 1, 2012 2012 Oct 1 Investmentserris Corp Bonds 211.00 199,10 1. The adjusting entry for three months of accrued interest and on the lens Corp. Donde on December 31, 2012 2012 Dec 31 Interest Receivable Interestitvene 40 Therect of interest on April , 2 20) Cash 1 118 4 Intere d. The sale of $87,600 of Jerris Corp. bonds on April 1, 203, at 101. 20Y3 Apr. 1 Cash 87,600 X Gain on Sale of Investments 867 X 86,733 X Investments-Jerris Corp. Bonds

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