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Prepare journal entries for transactions

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Question - Bentz corporation bought and sold several securities during 2013. Summary:

Feb 17 Purchased $102,000 US Treasury bonds 6% at par plus accrued interest $1000. The security is held for short term profits.

Oct 5 Sold half of the US Treasury bonds for $51,500 plus accrued interest of $300

Prepare journal entries for transactions.

Reference no: EM132009663

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