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Prepare all of journal entries to account for investment

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Problem 1: The bond continues to be designated FV-NI. At December 31, 2018, the bond has an amortized cost of $898,941 and a fair value of $906,000. At December 31, 2019 the bond has a fair value of $910,000. Prepare all of the 2019 journal entries to account for this investment.

Reference no: EM132767044

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