Business, 22.07.2021 16:20 20jhutchinson

Prepare Garzon Company's journal entries to record the following transactions for the current year. January 1 Purchases 9.5% bonds (as a held-to-maturity investment) issued by PBS at a cost of $45,600, which is the par value. June 30 Receives first semiannual payment of interest from PBS bonds. December 31 Receives a check from PBS in payment of principal ($45,600) and the second semiannual payment of interest. View transaction list 8 02:53:53 Journal entry worksheet 2 3 Purchases 9% bonds (as a held-to-maturity investment) issued by PBS at a cost of $52,000, which is the par value. Note: Enter debits before credits. Date General Journal Debit Credit Jan. 1 Record entry Clear entry View general journal

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Prepare Garzon Company's journal entries to record the following transactions for the current year....

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