## Answers

Answer | |||

Account Title | Debit | Credit | |

A | Investments in bonds | $ 725,000 | |

Discount on bonds investments | $ 80,000 | ||

Cash | $ 645,000 | ||

B | Cash (725,000*2%*6/12) | $ 7,250 | |

Discount on bond investment | $ 800 | ||

Interest revenue (645,000*3%*6/12) | $ 9,675 | ||

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