On January 1, 2014, the Gamekeeper
On January 1, 2014, the Gamekeeper
On January 1, 2014, the Gamekeeper
Solution
1) Journal entries:
2) It will be reported under the category \"Investment held to maturity\".
.
On January 1- 2014- the Gamekeeper On January 1- 2014- the Gamekee.docx
1. On January 1, 2014, the Gamekeeper
On January 1, 2014, the Gamekeeper
On January 1, 2014, the Gamekeeper
Solution
1) Journal entries:
2) It will be reported under the category "Investment held to maturity".
Date Particulars Debit Credit
01-Jan-14 Investment in bonds 100000
Cash 100000
30-Jun-14 Cash 6000
Interest income 6000
31-Dec-14 Cash 6000
Interest income 6000