Question 4 1 pts On January 1,2021, RR purchased...
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On January RR purchased $ of Apple Company bonds at a premium of $ The bonds pay interest but were purchased when the market interest rate was for bonds of similar risk and maturity. The bonds pay interest semiannually on June and December of each year. RR accounts for the bonds as a trading security. On December journal entry to record the second period of interest, RR would record a credit to interest revenue of:
A $
B $
C $
D $
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