The following information pertains to questions
On January 1,2011,GRL Inc.purchased,in U.S.Funds $500,000 of Bonds of the OBY Company.On that date,the Bonds were trading at par.These Bonds pay 10% interest annually each December 31.The Bonds mature on December 31,2013.The following exchange rates were applicable between 2011 and 2013.The rates indicate the cost (in Canadian dollars)of purchasing 1 U.S.dollar: 
-Prepare GRL's journal entries for each of 2011,2012 and 2013.
Definitions:
Sales-Oriented
An approach focusing primarily on the promotion and selling of products or services, often prioritizing short-term sales over building long-term customer relationships.
Tactics
Tactics are the specific actions or strategies employed to achieve a particular goal or objective.
Strategy
Strategy refers to a comprehensive plan designed to achieve specific goals within an organization, business, or project through the effective allocation of resources and coordinated actions.
Social Media
Digital platforms that enable users to create, share content, and participate in social networking.
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