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A company purchases a $100000 10-year bond on January 1 19X1 at 107 After 5 years it sells the bond at 102 Prepare the entry for the sale

A company purchases a $100,000, 10-year bond on January 1, 19X1 at 107. After 5 years, it sells the bond at 102. Prepare the entry for the sale.

Jun 18 2020 View more View Less

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