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: 10 | Attempts: 4698 | Last updated: Nov 17, 2021
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: 2494 | Last updated: Aug 8, 2019
Funds Administration is the name given to the set of services provided in support of the running of a fund.
Timed-quiz. Good luck!
Questions: 19 | Attempts: 2106 | Last updated: Jan 7, 2013
The following information relates to
noncurrent investments that Hall Company placed in trust as required by
the underwriter of its bonds:Bond sinking fund balance, January 1, 2009 4,500,0002009 additional investment 900,000Dividends on investments 150,000Interest revenue 300,000Administration costs 50,000Carrying amount of bonds payable 8,000,000What
amount should Hall report in its December 31, 2009 balance sheet
related to its noncurrent investment for bond sinking fund requirements?