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on may 1, pierce company purchase $60,000 of stanton company's 12% bonds at 100 plus...

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Accounting

on may 1, pierce company purchase $60,000 of stanton company's 12% bonds at 100 plus accrued interest of $2,400. on june 30, pierce received its first semiannual interest. on feb 1, pierce sold $50,000 of tbe bonds at 103 plus accrued interest . what is the journal entry for feb 1?

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