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On January 1, 2021, after receipt of interest, Flynn Company sold 40 of the bonds for $38,500. Coppell Timber Company had total earnings last year of $5 million but expects total earnings to drop to $4,750,000 this year because bitcoin investors forum now of a slump in the housing industry. (i) Regular Dividends: The ex-dividend date occurs prior to the declaration date. ANSWER:

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✔ When bonds are sold, credit the investment account for the cost of the bonds. ex-dividend date 112. (Assume that all intervening transactions and adjustments have been properly recorded balmer lawrie investment share price today and hat the number of bonds owned has not charged from December 31, 2018, to December 31, 2020.) Assume that the fair value of the bonds at December 31, 2018, was $2,200,000. According to GAAP, this table will only be good for seven years.

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