A B D On January 1, 2020, Golden Company purchased bonds $75,000 for cash....
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A B D On January 1, 2020, Golden Company purchased bonds $75,000 for cash. The bonds pay 5% e interest semiannually on January 1 and July 1 of each year. They are dated January 1, 2020, and 3 mature January 1, 2025. The market yield is 5.75%. The bonds are classified in the held-to- #maturity category. 5 Round answers to the neearest dollar. 5 7 8 (a) Prepare the journal entry at the date of the bond purchase. 9 10 Date Account Debit Credit 11 12 13 14 15 (6) Prepare the journal entry to record the interest revenue on December 31, 2020. 16 17 Date Account Debit Credit 18 19 20 21 22 (c) Prepare the journal entry to record the interest received on January 1, 2021. 23 24 Date Account Debit Credit 25 26 27 28 29 (d) Prepare the journal entry to record the interest revenue on December 31, 2021. 30 31 Date Account Debit Credit 32 33 34 35 36 37 38 39 40 41 bbBownwww88 PARTA PARTB PARTC + Ready
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