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Albright Company Purchased as a Long-Term Investment $500,000 of Benton

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Albright Company purchased as a long-term investment $500,000 of Benton Corporation 10-year,9% bonds.Present entries to record the following selected transactions:
Albright Company purchased as a long-term investment $500,000 of Benton Corporation 10-year,9% bonds.Present entries to record the following selected transactions:


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