What is the correct journal entry for purchase of US Treasury 6% bonds at par plus accrued interest of $1000 - security to be held for short-term profits?
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What is the correct journal entry for purchase of US Treasury 6% bonds at par plus accrued interest of $1000 - security to be held for short-term profits?
DEBIT US Treasury 6% bonds ACCOUNT XXX
CREDIT Bank Account XXX
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