Business, 26.11.2019 00:31 TTownsel2390

On may 1, pierce company purchased $60,000 of stanton company’s 12% bonds at 100 plus accrued interest of $2,400. on june 30, pierce received its first semiannual interest. on february 1, pierce sold $50,000 of the bonds at 103 plus accrued interest.

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On may 1, pierce company purchased $60,000 of stanton company’s 12% bonds at 100 plus accrued intere...