Mr. X furnishes the following details relating to his holding in 6% Government Bonds : Opening Balance
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Mr. X furnishes the following details relating to his holding in 6% Government Bonds :
Opening Balance face value ₹ 60,000 -- Cost ₹ 59,000.
1.3.2016 ---- 100 units purchased ex-interest at ₹ 98.
1.7.2016 ---- Sold 200 ex-interest out of the original holding at ₹ 100.
1.10.2016 ---- Purchased 50 units at ₹ 98 cum-interest.
1.11.2016 ---- Sold 200 units ex-interest at ₹ 99 out of the original holding. Interest dates are 30th September and 31st March, Mr. X closes his books every 31st December. Show the Investment Account as it would appear in his books.
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Related Book For
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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