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Part 2 of 2 1.11 points 8 02:43:10 eBook Ask References On the December 31 balance sheet: Debt Investments-Held-to-Maturity Securities (at amortized cost)............... $30,000 Knowledge Check 01 Assume that on July 1, Jerome, Incorporated, paid $100,000 to buy Potter's 8 percent, two-year bonds with a $ bonds pay interest semiannually on December 31 and June 30. Jerome intends to hold the bonds until they ma Complete the necessary December 31 entry to record receipt of interest by selecting the account names from t and entering dollar amounts in the debit and credit columns. View transaction list Journal entry worksheet

Assume that on July 1, Jerome, Incorporated, paid $100,000 to buy Potter's 8 percent, two-year bonds with a bonds pay interest semiannually on December 31 and June 30 . Jerome intends to hold the bonds until they mi Complete the necessary December 31 entry to record receipt of interest by selecting the account names from and entering dollar amounts in the debit and credit columns. Journal entry worksheet Assume that on July 1 , Jerome, Inc., paid $100,000 to buy Potter's 8 percent, two-year bonds with a $100,000 par value. The bonds pay interest semiannually on December 31 and June 30 . Jerome intends to hold the bonds until they mature. Complete the necessary December 31 entry to record Note: Enter debits before credits

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