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03) JOURNALIZE THE FOLLOWING ENTRIES (2 MARKS EACH) 32.000 ABC CO. PRUCHASED (LENDED MONEY) TREASURY BONDS WITH THE FOLLOWING DETAILS INT PMT DATES: BUYING WORTH
03) JOURNALIZE THE FOLLOWING ENTRIES (2 MARKS EACH) 32.000 ABC CO. PRUCHASED (LENDED MONEY) TREASURY BONDS WITH THE FOLLOWING DETAILS INT PMT DATES: BUYING WORTH OF BOND DATE OF BUYING THE BOND COUPON RATE SEMI ANNUAL PMTS S YEAR BOND INTEREST PMT DATES 30TH APRIL 6% 30TH JAN 30TH JULY A CALCULATE SEMI ANNUAL INTEREST PAYMENTS ANNUAL INTEREST PAYMENTS JOURNALIZE THE FOLLOWING ENTRIES B C 30TH APRIL PURCHASE OF BOND D 30TH JULY FIRST INTEREST REVEARNED E DEC 31ST END OF FINANCIAL YEAR F 31ST JAN SECOND INTEREST REVEARNED 31ST JAN 1.1 SOLD BONDS AT WITH COMMISSION SSOO H CALCULATE SELLING PRICE (EXCLUDING COMMISSION) 31ST JAN JOURNALIZE SALE OF INVESTMENT BONDS WERE THE BONDS SOLD ON GAIN OR LOSS
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