申論題

五、Presented below are two independent situations:

(b) Justice, In(C) purchased $400,000 of its bonds at 97 on June 30, 2014, and immediately retired them. The carrying value of the bonds on the retirement date was $393,000. The bonds pay semiannual interest and the interest payment due on June 30, 2014, has been made and recorde(D) (5%)