Q 7: On 1/1/2015, a company purchased 5,000 bonds at a price of 12 d. A cash bond with an annual interest of 12% to be received on 1/4 and 10/1 of each year, and the bonds mature on 10/1/2025, and on 1/4/2016, half of the bonds were sold at a price of 10 d. Required deed: Recording all the necessary entries from the date of purchase to the date of sale in the companys records, noting that the fiscal year ends on 12/31 of each year.

Q 7: On 1/1/2015, a company purchased 5,000 bonds at a price of 12 d. A cash bond with an annual interest of 12% to be received on 1/4 and 10/1 of each year, and the bonds mature on 10/1/2025, and on 1/4/2016, half of the bonds were sold at a price of 10 d. Required deed: Recording all the necessary entries from the date of purchase to the date of sale in the company's records, noting that the fiscal year ends on 12/31 of each year