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Other Fields Homework Help Accounting Topic started by: H3Ko on Aug 29, 2016



Title: Janus, Inc. invests excess cash of $100,000 in corporate bonds on March 30, 2017. The bonds mature ...
Post by: H3Ko on Aug 29, 2016
Janus, Inc. invests excess cash of $100,000 in corporate bonds on March 30, 2017. The bonds mature 20 years from the date of purchase. Janus plans to hold the bonds until maturity. How does the March 30, 2017 transaction affect the accounting equation?
A) equity will decrease
B) liabilities will increase
C) long-term assets will decrease
D) total assets will remain unchanged


Title: Re: Janus, Inc. invests excess cash of $100,000 in corporate bonds on March 30, 2017. The bonds ...
Post by: .unplugged. on Aug 29, 2016
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Title: Re: Janus, Inc. invests excess cash of $100,000 in corporate bonds on March 30, 2017. The bonds mature ...
Post by: H3Ko on Oct 12, 2016
I just realized you had posted this! Thanks so much