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PQ Ltd sold Sh. 600,000 12% loan stock of Bidii Ltd to AY ltd on 1 st June 2012 at Sh.540,000. Interest was payable semi-annually

  1. PQ Ltd sold Sh. 600,000 12% loan stock of Bidii Ltd to AY ltd on 1st June 2012 at Sh.540,000. Interest was payable semi-annually on 30th June and 31st December.

Required:

Show the entries in the ledger of PQ Hd as it would appear on 31/12/2012.

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