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Business, 15.04.2020 22:56 Daud2020

Landmark Corp. buys $460,000 of Schroeter Company's 6%, 5-year bonds payable, at par value on September 1. Interest payments are made semiannually. Landmark plans to hold the bonds for the 5-year life. The journal entry to record the purchase should include:

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Landmark Corp. buys $460,000 of Schroeter Company's 6%, 5-year bonds payable, at par value on Septem...
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