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Mandur Inc. purchased the following investments for cash but incorrectly recorded them in the Other Investments account in the general ledger. Mandur applies IFRS. Feb.
Mandur Inc. purchased the following investments for cash but incorrectly recorded them in the Other Investments account in the general ledger. Mandur applies IFRS. Feb. 1, 2023 Jordy Limited ordinary shares, 200 shares $ 37,400 April 1 Government bonds, 5%, due April 1, 2032, interest payable April 1 and October 1, 100 bonds at $1,000 each 100,000 July 1 Driver Ltd. 6% bonds, par $50,000, dated March 1, 2018, purchased at par plus accrued interest, interest payable annually on March 1, due March 1, 2042 51,000 Instructions Prepare the entry(ies) to reclassify the amounts in the Other Investments account to the appropriate investment and income accounts at December 31
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