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Practice Brief Exercise 17-01 Your answer is partially correct. Try again Indigo Company purchased on January 1, 2020, as a h

I do not understand entry B and why my answers are wrong.

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Journal Entries - Indigo Company
Event Particulars Debit Credit
a Debt investment Dr $96,958.00
         To Cash $96,958.00
b Cash Dr ($107,000*3%) $3,210.00
Debt investment Dr $668.00
         To Interest revenue ($96,958*4%) $3,878.00
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