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Illustration 8 On 15th March, 2001 O.P. Ltd. purchased Rs 1,00,000, 9% Government Stock (interest...

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Illustration 8 On 15th March, 2001 O.P. Ltd. purchased Rs 1,00,000, 9% Government Stock (interest payable on 1st April, 1st July, 1st October and 1st January) at Rs 88.50 cum-interest (face value Rs 100 each). On 1st August, Rs 20,000 stock is sold at Rs 89 cum-interest and on 1st September Rs 30,000 stock is sold at Rs 89.25 ex-interest. On 31st December, the date of the Balance Sheet, the market price was Rs 90. Show the Ledger Account of the investment for the year ignoring income tax, brokerage, etc. and making apportion- (Mono Adantedl

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