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The balance in the Bonds Payable is a credit of $78,000. The balance in the Premium on Bonds Payable is a credit of $1,200. WGlobal Commerce Corporation purchased trading debt investments for $114,000 on December 31, 2018. There is a decrease of $5,8On January 1, 2018, Westside Sales issued $19,000 in bonds for $24,800. These are eight-year bonds with a stated interest rat

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Answer #1

Ans1) B $79200

Ans2) D Unrealised holding loss-trading 5800

Fair value adjustment -trading 5800

Ans3) C $24437

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