On September 30, 2014, FacePlant Inc purchased a $225,000 face value bond for par plus accrued interest The bond pays interest each October 31 at 4 Management's intent is to hold for trading purposes On December 31, 2014, the company year end, the fair value published for bonds of similar characte...

Purchase of the bond on September 30 2014 Bond investment 225000 Cash 225000 Date Account Debit Cred ...

On September 30, 2014, FacePlant Inc. purchased a $225,000 face-value bond for par plus accrued interest....

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Intermediate accounting

ISBN: 978-0077647094

7th edition

Authors: J. David Spiceland, James Sepe, Mark Nelson

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