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Business, 24.07.2020 16:01 joelpimentel

On May 1, 2022, Walloon purchased $100,000, 8% bonds at 102 plus accrued interest. The bonds mature on 5/1/25. Straight-line amortization is used. Annual interest is collected each May 1. Walloon should report on the 12/31/22 balance sheet an Interest Receivable of: "Chegg"

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On May 1, 2022, Walloon purchased $100,000, 8% bonds at 102 plus accrued interest. The bonds mature...
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