A bond at a price of 8000X On 23/2/2016 the company bought 12 d. Bonds with an annual interest of 12% to be paid on 1/4 and 10/1 of each year, and the bonds mature on 23/2/2026, and on 1/4/2017 400...


A bond at a price of 8000X On 23/2/2016<br>the company bought 12 d. Bonds with an<br>annual interest of 12% to be paid on 1/4 and<br>10/1 of each year, and the bonds mature on<br>23/2/2026, and on 1/4/2017 400 bonds were<br>sold at a price of 10 d. Assign cash. The<br>bond sale will be listed on *: 4/1/2017 as<br>follows *<br>4000 from h/ cash 800 from h/<br>losses from selling bonds 4800 to<br>d/ long-term investments in bonds<br>4000 from h/ cash 712 from h/ losses<br>from selling bonds 4712 to h/ long-<br>term investments in bonds<br>80000 fromd/cash 16000 from h/<br>losses from selling bonds 96000 to h/<br>long-term investments in bonds<br>4712 from h / cash 4000 to h/long-<br>term investments in bonds 712 to<br>the extent of gains from the sale of<br>bonds<br>

Extracted text: A bond at a price of 8000X On 23/2/2016 the company bought 12 d. Bonds with an annual interest of 12% to be paid on 1/4 and 10/1 of each year, and the bonds mature on 23/2/2026, and on 1/4/2017 400 bonds were sold at a price of 10 d. Assign cash. The bond sale will be listed on *: 4/1/2017 as follows * 4000 from h/ cash 800 from h/ losses from selling bonds 4800 to d/ long-term investments in bonds 4000 from h/ cash 712 from h/ losses from selling bonds 4712 to h/ long- term investments in bonds 80000 fromd/cash 16000 from h/ losses from selling bonds 96000 to h/ long-term investments in bonds 4712 from h / cash 4000 to h/long- term investments in bonds 712 to the extent of gains from the sale of bonds

Jun 11, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here