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Business, 06.12.2019 22:31 deeboss177

On june 1, $300,000 of bonds were purchased as a long-term investment at 101, or $303,000 and $500 was paid as the brokerage commission. if the bonds bear interest at 12%, which is paid semiannually on january 1 and july 1, what is the total cost to be debited to the investments account?

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On june 1, $300,000 of bonds were purchased as a long-term investment at 101, or $303,000 and $500 w...
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