Determine the entry to record the investment includes

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problem 1: Watt Company purchased $300,000 of bonds for $285,000. If Watt intends to hold the securities to maturity, the entry to record the investment includes:

a. A debit to Debt Investments at $285,000
b. A debit to Debt Investments at $315,000
c. A debit to Debt Investments at $300,000
d. A credit to Premium on Debt Investments of $15,000.

Reference no: EM132822319

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