amourayanna321
amourayanna321
03.04.2020 • 
Business

Jenek Corporation had the following transactions pertaining to debt investments. 1. Purchased 45 9%, $1,200 Leeds Co. bonds for $54,000 cash. Interest is payable annually on January 1, 2017. 2. Accrued interest on Leeds Co. bonds on December 31, 2017. 3. Received interest on Leeds Co. bonds on January 1, 2018. 4. Sold 27 Leeds Co. bonds for $36,720 on January 1, 2018. Journalize the transactions

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