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Forte Corporation had the following transactions in 2015 pertaining to debt investments. 1. Purchased 60 10%, $1,000 Wolfe Co. bonds for $60,000 cash on January
Forte Corporation had the following transactions in 2015 pertaining to debt investments.
1. Purchased 60 10%, $1,000 Wolfe Co. bonds for $60,000 cash on January 1, 2015.
Interest is payable annually on January 1.
2. Accrued interest on Wolfe Co. bonds on December 31, 2015.
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Auditing Oracle E Business Suite Common Issues
Authors: Jeffrey T. Hare
1st Edition
1329529766, 978-1329529762
