Business, 13.01.2021 17:00 dragongacha777

Entries for Investment in Bonds, Interest, and Sale of Bonds Gonzalez Company acquired $200,000 of Walker Co., 6% bonds on May 1 at their face amount. Interest is paid semiannually on May 1 and November 1. On November 1, Gonzalez Company sold $70,000 of the bonds for 97. Journalize entries to record the following in Year 1: For a compound transaction, if an amount box does not require an entry, leave it blank.

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Entries for Investment in Bonds, Interest, and Sale of Bonds Gonzalez Company acquired $200,000 of W...

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