Received semiannual interest on the french broad bonds

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Reference no: EM13919174

Baldwin Inc. Is an athletic footware company that began operation on January 1, 2014. The following transaction relate to debt investment acquired by Baldwin Inc which has a fiscal year ending on December 31? Mar. 1. Purchased 50000 of Buncombe Co. 6% 10 year bonds at their face amount plus accrued interest of 250. The bonds pay interest semiannually on February 1 and august 1. Mar 16. Purchased 84000 of French Broad 5% 15 year bonds at their face amount plus accrued interest of 175. The bonds pay interest semiannually on march 1 and September 1. Aug 1. Received semiannual interest on the Buncombe Co. Bonds. Aug 31. Sold 20000 of Buncombe Co. Bonds at 99 plus accrued interest of $100. Sept 1. Received semiannual interest on the French Broad bonds. Dec 31. Accrued 750 interest on the Buncombe Co. Bonds. Dec 31 Accrued 1400 interest on the French Broad bonds. 2015 Feb 1. Received semiannual interest on the Buncombe Co. Bonds. March 1. Received semiannual interest on the French Broad bonds. Journalize the entries to record these transaction .For a compound transaction.

Reference no: EM13919174

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Received semiannual interest on the french broad bonds : Accrued 750 interest on the Buncombe Co. Bonds. Dec 31 Accrued 1400 interest on the French Broad bonds. 2015 Feb 1. Received semiannual interest on the Buncombe Co. Bonds. March 1. Received semiannual interest on the French Broad bonds. Journalize th..

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