Nicco-Uco Finance Co. Ltd. had on 1st January 2016, 6% Government of West Bengal Bonds of the

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Nicco-Uco Finance Co. Ltd. had on 1st January 2016, 6% Government of West Bengal Bonds of the face value of ₹ 80,000 valued at ₹ 79,600 on which interest accrued for three months on that date. On 30th April, 2016 the company purchased more bonds of the face value of ~ 60,000 at par (cum- interest) including brokerage and other expenses. It sold on 31st August, 2016, ₹ 40,000 of the bonds @ ₹ 99.75 (ex-interest), and on 30th November, 2016, ₹ 30,000 of them @ ₹ 100.60 (cum-interest), after deduction of brokerage and other expenses in both the cases. Interest falls due on 31st March and 30th September every year and is credited after collection by the bank after two days. On 31st December, 2016 the bonds were quoted at ₹ 99.65. Give the Investment Account of the bond in the books of the investment company.

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