What is the capital gain or loss

Assignment Help Financial Accounting
Reference no: EM133196992

An investor purchased a bond two years ago for $16,005 plus accrued interest of $135. The bond was sold this year for $16,145 plus accrued interest of $305. What is the capital gain or loss that resulted from these transactions?

Reference no: EM133196992

Questions Cloud

Research and design methods in applied behavior analysis : What is the most impact full or interesting thing you learn from research and design methods in applied behavior analysis? How will lessons in research and desi
What did the community reinvestment act : What did the Community Reinvestment Act have to do with the housing bubble and collapse?
Explain the concept of learning : Your primary goals for this assignment are to explain the concept of learning, what it means to be an intentional learner
Pros-cons of using opioid medications to treat chronic pain : MA 278 - Rasussen College - Conduct some research on the pros and cons of using opioid medications to treat chronic pain.
What is the capital gain or loss : What is the capital gain or loss that resulted from these transactions?
The environmental justice atlas : Note: If your answer is relevant then I will give you good rating if answer is irrelevant then I will give you unhelpful rating.
What is the basis of toyotas competitive advantage : How does Toyota's approach to customer relations influence its design and production planning process? What are the implications? Anthem College.
Make a life significant : What are the two factors that James takes to make a life significant, and what reasons does he give for thinking that neither one is, on its own, enough?
Net present value calcuations : Need to calucate over a five-year period: Assume a 5 percent interest rate for net present value calcuations

Reviews

Write a Review

Financial Accounting Questions & Answers

  Record the transactions with corresponding journal entries

Stark Industries reports the following transactions for the month of November. Record the transactions with corresponding journal entries. Stark Industries inventory system is perpetual.

  Does the option to abandon change firm decision to accept

Does the option to abandon change the firm's decision to accept the project? If each outcome is equally likely, what is the expected NPV?

  How much should Alpha count in its ending inventory

Alpha sold other merchandise to Gamma (the customer) for $8,000 cash with terms FOB destination. How much should Alpha count in its ending inventory

  What is the carrying value of the bonds on December

Sheridan Company received proceeds of $812000 on 10-year, 8% bonds issued on January 1, 2019. What is the carrying value of the bonds on December

  Which method would result in the lowest earnings per share

Schrade Company bought a machine for $70,500 cash. 2. Which method would result in the lowest earnings per share for year 1? For year 2

  Find which is part of the consolidation adjustment entries

Find which is part of the consolidation adjustment entries to record dividend declared by Nori Ltd? Vivian Ltd acquired a 30% investment in Nori Ltd for $40,000

  Perpetual and periodic inventory systems

Explain to Brian the perpetual and periodic inventory systems, covering the main differences between the two systems, and why companies use perpetual inventory system.

  Calculate the semi-annual lease payment

The current market interest rate for financing such a vehicle is 4% -compounded semi-annually. Calculate the semi-annual lease payment

  Calculate the zakat amount due for the year

Are there any penalties that Gulf Company must pay to GAZT related to the fiscal year 2019? Calculate the penalties if applicable

  What factors you consider to determine deficiency

What factors would you consider to determine if a deficiency, significant deficiency, or material weakness exists?

  What amount should be reported as cash on the september

What amount should be reported as Cash on the September 30th balance sheet? Los Angeles Depot owns the assets at September 30th

  How many shares did it have after the stock split

In April 2015, Richelieu Hardware Ltd. completed a 3-for-1 stock split. How many shares did it have after the stock split

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd