Essay
On November 1,20A,Rossy Co.purchased $100,000,9%,ten-year bonds of Bossy Corporation at a cost of $100,000 as a held-to-maturity investment.The bonds pay interest semi-annually each April 30 and October 31.Give the journal entries required for the following dates:
November 1,20A
December 31,20A (End of account period)
April 30,20B
Correct Answer:

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