Monthly Archives: May 2014

Use this nifty little tool to determine whether or not your

Bonds are invested to earn interest income. Normally, they are collected and recorded on interest dates and at the end of each accounting period (usually December 31 a calender year end date), interest receivable is taken up. Interest receivable occurs if the interest date is not the same as the accounting year end date (Example: Interest dates are April 1 and October 1 while
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