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Use General Journal to record the following adjustment. Show your working in the answer if necessary. Transaction 3: APC Pty Ltd made investment of $100,000
Use General Journal to record the following adjustment. Show your working in the answer if necessary.
Transaction 3:APC Pty Ltd made investment of $100,000 in Telecom Bonds on 1 July 2018. The interest rate is 10% per year. Interest is received every six months on 31 March and 30 September. Balance date is 30 June 2019.
Date/Accounts/Debit/Credit
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