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Business, 14.12.2019 06:31 christhegreat1

If clark company purchases for cash $80,000 of target company 10% bonds at 100 plus accrued interest of $640, the journal entry will include a
a. credit to interest receivable for $640.
b. credit to investments in target company bonds for $80,000.
c. credit to cash for $80,640.
d. debit to cash for $80,640.

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If clark company purchases for cash $80,000 of target company 10% bonds at 100 plus accrued interest...
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