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Posted on Aug 31, 2024

Nickel Incorporated bought $ 3 0 0 , 0 0 0 of 3 - year, 9 % bonds as an investment on December 3 1

Nickel Incorporated bought $

300, 000

3 -

year,

9 %

bonds as an investment on December

31, 2023

for $

327, 000 .

The investment receives interest annually and Nickel uses straight

-

line amortization On May

1, 2024,

the issuer retired $

60, 000

of the bonds at

118 .

As a result of the retirement

,

Nickel will report a:

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