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On 30 November 20X7, PolyCarp Ltd closed down its division that invested in bonds for the long term These bonds were stated at amortised cost
On 30 November 20X7, PolyCarp Ltd closed down its division that invested in bonds for the long term These bonds were stated at amortised cost On 31 December 20X7, PolyCarp Ltd still held an investment in the 8 $100,000 bonds of Kaufmann Ltd
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Date Accounts Title Dr Cr 31Dec16 Interest Receivable 1000008 8000 Debt Investm...
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Advanced Financial Accounting
Authors: Theodore E. Christensen, David M. Cottrell, Richard E. Baker
10th edition
78025621, 978-0078025624
