Get yourself ready for an amazing Investment Quiz here. This quiz is going to be a test of your knowledge on the subject of investment, and all the maths it takes. There are questions of all levels, try to answer as many as you...
Questions: 20 | Attempts: 6925 | Last updated: May 20, 2022
On October 1, 2009, York Company purchased 4,000 of the P1,000 face value, 10% bonds of Dell Company for P4,400,00 which includes accrued interest of P100,000. The bonds, which mature on January 1, 2016, pay interest semiannually on January 1 and July 1. York uses the straight-line method of amortization and appropriately records the bonds as a long-term investment. The bonds should be shown on York's December 31, 2009 balance sheet at:
This is a brief quiz to test your understanding of our Funds Administration Overview lesson. In any scheme, it is important to have an underlined way in which funds can be transferred in and out and properly track its movements....
Questions: 6 | Attempts: 2544 | Last updated: Mar 22, 2022
Funds Administration is the name given to the set of services provided in support of the running of a fund.
This is timed. Good luck!
Questions: 20 | Attempts: 2193 | Last updated: Mar 22, 2022
On December 31, 2009, Otter Company had investments in trading securities as follows: COST MARKET VALUE Man Company 1,000,000 1,300,000 Kemo Company 900,000 1,100,000 Fenn Company 1,100,000 900,000 3,000,000 3,300,000Otter's December 31, 2009 balance sheet should report the following trading securities at: