Ch17 solutions 2-4-5

Ch17 solutions 2-4-5 - CHAPTER 17 Investments SOLUTIONS TO...

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CHAPTER 17 Investments SOLUTIONS TO EXERCISES EXERCISE 17-2 (10–15 minutes) (a) January 1, 2006 Held-to-Maturity Securities. ............................... 300,000 Cash. ............................................................. 300,000 (b) December 31, 2006 Cash. .................................................................... 36,000 Interest Revenue. ........................................ 36,000 (c) December 31, 2007 Cash. .................................................................... 36,000 Interest Revenue. ........................................ 36,000 17-1
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EXERCISE 17-4 (10–15 minutes) (a) January 1, 2006 Available-for-Sale Securities. .............................. 322,744.44 Cash. ............................................................... 322,744.44 (b) December 31, 2006 Cash. ....................................................................... 36,000 Available-for-Sale Securities. ....................... 3,725.56 Interest Revenue ($322,744.44 X .10).
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Ch17 solutions 2-4-5 - CHAPTER 17 Investments SOLUTIONS TO...

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