Show how the investment will be presented on the December 31, 2014, balance sheet, assuming the carrying

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Show how the investment will be presented on the December 31, 2014, balance sheet, assuming the carrying value reflected the fair value.

Cash Perlod Discount Unamortized Interest Recelved Interest Revenue Carrying Value Perlod Ending Amort. Discount Jan. 1/14 $3,510 $46,490 46,885 47,292 June 30/14 $1,000 1,000 $1,395 1,407 $395 3,115 2,708 Dec. 31/14. 407

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Fundamental Accounting Principles Volume II

ISBN: 978-1259066511

14th Canadian Edition

Authors: Larson Kermit, Jensen Tilly

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Question Posted: Jan 08, 2015 08:58 AM

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Show how the investment will be presented on the December 31, 2014, balance sheet, assuming the carrying

Question:

Cash Perlod Discount Unamortized Interest Recelved Interest Revenue Carrying Value Perlod Ending Amort. Discount Jan. 1/14 $3,510 $46,490 46,885 47,292 June 30/14 $1,000 1,000 $1,395 1,407 $395 3,115 2,708 Dec. 31/14. 407

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