On August 1,2011,Airport Company sold Paxton Company $1,000,000 of 10-year,6% bonds,dated July 1 at 100 plus accrued interest.On March 1,2012,Paxton sold half of the bonds for $520,000 plus accrued interest.Present entries to record the following transactions:

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The Answer of On August 1,2011,Airport Company sold Paxton Company $1,000,000 of 10-year,6% bonds,dated July 1 at 100 plus accrued interest.On March 1,2012,Paxton sold half of the bonds for $520,000 plus accrued interest.Present entries to record the following transactions:

On August 1,2011,Airport Company Sold Paxton Company $1,000,000 of 10-Year,6