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###### Business · Accounting
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Bond Investment Transactions

Journalize the entries to record the following selected bond investment transactions for Starks Products:

If an amount box does not require an entry, leave it blank.

a. Purchased for cash $120,000 of Iceline, Inc. 6% bonds at 100 plus accrued interest of$1,200.

b. Received first semiannual interest payment.Feedback

c. Sold $80,000 of the bonds at 103 plus accrued interest of$910.Feedback

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