Question

If 100 bonds are purchase @ 95 each of face value 100 each what entry will be passed

Answer 1

i hope this is the answer

purchase entry is 95.100=9500

selling entry is 100,000

Answer 2

Investment in Bond account debited Rs. 9500 Bank account is credited Rs. 9500 (Being 100 Bond Face value 100 purchase@95 each)