ndigo Corp. carries an account in its general ledger called Investments, which contained debits for investment purchases, and no credits, with the following descriptions. Feb. 1, 2014 Sharp Company common stock, $110 par, 200 shares $38,300 April 1 U.S. government bonds, 12%, due April 1, 2024, interest payable April 1 and October 1,96 bonds of $1,000 par each 96,000 July 1 Grath Company 12% bonds, par $47,300, dated March 1, 2014, purchased at 104 plus accrued interest, interest payable annually on March 1, due March 1, 2034 51,084 The Fair Values of the investments on December 31, 2020 were Sharapove Company common stock $28,800 U.S government bonds 130,800 McGarth Company Bonds 52,900 What entry if any would you reccoments ( round your answers to 0 decimal places e.g 2,500) The Us. Gov bonds were sold on July for 116,700 plus accured interest. give the proper entry
ndigo Corp. carries an account in its general ledger called Investments, which contained debits for investment purchases, and no credits, with the following descriptions.
Feb. 1, 2014 Sharp Company common stock, $110 par, 200 shares $38,300
April 1 U.S. government bonds, 12%, due April 1, 2024, interest
payable April 1 and October 1,96 bonds of $1,000 par each 96,000
July 1 Grath Company 12% bonds, par $47,300, dated
March 1, 2014, purchased at 104 plus accrued interest,
interest payable annually on March 1, due March 1, 2034 51,084
The Fair Values of the investments on December 31, 2020 were
Sharapove Company common stock $28,800
U.S government bonds 130,800
McGarth Company Bonds 52,900
What entry if any would you reccoments ( round your answers to 0 decimal places e.g 2,500)
The Us. Gov bonds were sold on July for 116,700 plus accured interest. give the proper entry
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