E 12.01 – Tanner-UNF
Intermediate Accounting
Spiceland, Nelson, and Thomas
10th Edition
HELD TO MATURITY BONDS: Journal entries for bond investment, interest and sale.
HELD TO MATURITY BONDS: Journal entries for bond investment, interest and sale.
Given the long-term investment, bond percentage, interest rate, the amount paid for bonds, and fair value…. prepare the journal entries,
Given the Investments held, the semiannual interest, the bond purchase percentage, the face value of the bonds, and the treasury bills… prepare the journal entries for six different transactions.
TRADING PORTFOLIO BONDS: Prepare journal entries for bond purchase, interest and sale.
Given the short and long-term cost, fair value, and unrealized holdings… prepare the adjusting entry in the income statement.
Given the bonds purchased, bond percentage, fair value, and bonds sold… prepare the journal entries.
Given the number of bonds purchased, the value, and market value… prepare the adjusting journal entries.
Given the trading securities, securities available for sale, and securities to be held to maturity… figure out the report on balance and the unrealized gain or loss.
Given the price of the stock, net income, fair value, and the amount the stock sold for… prepare the journal entries for the sale.
Given the percentage of shares, net income, fair value, and cash dividends… prepare the journal entries.