On 2 April 2021, D Cotter invested $125 000 in 4% state government bonds for five years.
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On 2 April 2021, D Cotter invested $125 000 in 4% state government bonds for five years. Interest is paid on 1 April and 1 October. The accounting year ended on 30 June.
You are required to prepare the general ledger accounts for the investment, interest received account and the relevant balance day adjustment account to 30 June 2023.
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Related Book For
Accounting An Introduction To Principles And Practice
ISBN: 9780170403832
9th Edition
Authors: Edward A. Clarke, Michael Wilson
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