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Question a. 1.Record the journal entry for the purchase of the bond. ...

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Accounting

Question a.
1.Record the journal entry for the purchase of the bond.
2.Prepare a compound entry to record the interest revenue earned and due on the bond at December 31.
3. Prepare any journal entry required relating to the change in fair value of the bond as of December 31.
Question b
1.Record the journal entry for the purchase of the shares of Sanford.
2.Prepare the entry to show the December 31 dividends declare
3.Prepare any journal entry required relating to the change in fair value of the shares of Sanford as of December 31.
Question C.
1.Record the journal entry for the purchase of the shares of Pye Brook.
2.prepare any entry for Fonseca related to Pye Brook's earning net income of $ 440 comma 000 for the six months ended December 31.
3.Prepare any entry related to Pye Brook's declaration and payment of dividends of $ 210,000 to its shareholders on December 31.
4.prepare any journal entry required relating to the change in fair value of the Pye Brook shares as of December 31.
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