The information below relates to Marvin Company's trading securities in 2022 and 2023. Prepare the...
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The information below relates to Marvin Company's trading securities in 2022 and 2023. Prepare the journal entries for the following transactions. May 1,2022 September 1,2022 September 5, 2022 December 31, 2022 Make the appropriate entry for the ABC Company bonds. December 31, 2022 The market prices of the trading securities at December 31 were: Hanes, Inc. common stock, \$26 per share; and ABC Company bonds, 99. Make the appropriate entry. July 1,2023 December 1,2023 December 31, 2023 Make the appropriate entry for the ABC Company bonds. December 31,2023 The market prices of the trading securities at December 31 were: Hanes, Inc. common stock, $28 per share; ABC Company bonds, 98; and Ramz, Inc. common stock, $42 per share. Make the appropriate entry
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The information below relates to Marvin Company's trading securities in 2022 and 2023. Prepare the journal entries for the following transactions. May 1,2022 September 1,2022 September 5, 2022 December 31, 2022 Make the appropriate entry for the ABC Company bonds. December 31, 2022 The market prices of the trading securities at December 31 were: Hanes, Inc. common stock, \$26 per share; and ABC Company bonds, 99. Make the appropriate entry. July 1,2023 December 1,2023 December 31, 2023 Make the appropriate entry for the ABC Company bonds. December 31,2023 The market prices of the trading securities at December 31 were: Hanes, Inc. common stock, $28 per share; ABC Company bonds, 98; and Ramz, Inc. common stock, $42 per share. Make the appropriate entry 