104. On May 1, 2012, Chase Inc. purchases $60,000 of 10-year, 8% Manus Corporation bonds dated March 1, 2012 at 100 plus accrued interest. What entry would Chase record when purchasing the bonds? ...





104. On May 1, 2012, Chase Inc. purchases $60,000 of 10-year, 8% Manus Corporation bonds dated March 1, 2012 at 100 plus accrued interest. What entry would Chase record when purchasing the bonds?



105. On May 1, 2012, Chase Inc. purchases $60,000 of 10-year, Manus Corporation 8% bonds dated March 1, 2012 at 100 plus accrued interest. What entry would Chase record when receiving its semiannual interest on September 1?



106. On May 1, 2012, Chase Inc. purchases $60,000 of 10-year, Manus Corporation 8% bonds dated March 1, 2012 at 100 plus accrued interest. What entry would Chase record when receiving its semiannual interest on March 1, 2013?



107. On October 1, 2012, Marcus Corporation purchased $20,000 of 6% bonds of Roberts Corporation, due in 8 1/2 years. The bonds were purchased at a price of $17,561 plus interest of $300 accrued from July 1, 2012, the date of the last semi-annual interest payments. Journalize the purchase.







May 15, 2022
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