On September 1,Parsons Company purchased $84,000,10-year,7% government bonds at 100 plus accrued interest.The semiannual interest payment dates are June 30 and December 31.Interest calculations are done by the month.

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The Answer of On September 1,Parsons Company purchased $84,000,10-year,7% government bonds at 100 plus accrued interest.The semiannual interest payment dates are June 30 and December 31.Interest calculations are done by the month.

On September 1,Parsons Company Purchased $84,000,10-Year,7% Government Bonds at 100