Blossom Limited had the following transactions pertaining to debt investments. Jan. 1, 2020 Dec. 31, 2020 Jan. 1, 2021 J
Posted: Sun Jun 05, 2022 7:36 pm
Blossom Limited had the following transactions pertaining to debt investments. Jan. 1, 2020 Dec. 31, 2020 Jan. 1, 2021 Jan. 1.2021 Purchased 50 £2,000 Petal Co. 8% bonds for £100,000 cash. Interest is payable annually on January 1. Accrued interest on the Petal Co. bonds. Received interest on Petal Co, bonds. Sold 30 Petal Co, bonds for £67,000,