Daniel purchased a bond on july 1, 2017, at par of $10,000 plus accrued interest of $300. on december 31, 2017, daniel collected the $600 interest for the year. on january 1, 2018, daniel sold the bond for $10,200.a. daniel must recognize $300 interest income for 2017 and a $200 gain on the sale of the bond in 2018.b. daniel must recognize $600 interest income for 2017 and a $200 gain on the sale of the bond in 2018.c. daniel must recognize $600 interest income for 2017 and a $100 loss on the sale of the bond in 2018.d. daniel must recognize $300 interest income for 2017 and a $100 loss on the sale of the bond in 2018.e. none of these.

a. Daniel must recognize $300 interest income for 2017 and a $200 gain on the sale of the bond in 2018

Explanation:

Since the interest was collected of $600 and the accrued interest is $300, so the remaining amount $300 reflect the interest income

And,  the sale value of the bond is $10,200 without considering the interest collection  and its purchase price without considering the accrued interest is $10,000. So, after comparing the purchase price and the sale price the gain of $200 would be determined

$10,200 - $10,000 = $200

according to the song of roland, the characteristics of an ideal knight are: loyalty to the king, skilled warriors and horseman, valiant, bold, courageous, strong and proud in battle. they should be determined to fulfil their duties and willing to die to make their people safe.