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Ruben Company purchased $100,000 of Evans Company bonds at 100 plus $1,500 in accru 1 answer below » Ruben Company purchased $100,000 of Evans Company bonds at 100 plus $1,500 in accrued interest. The bond interest rate is 8% and interest is paid semi-annually.
The journal entry to record the receipt of interest on the next interest payment date would be: Oct 26 2013 04:27 PM
