In: Accounting
__________________________________ BOND
__________________________________ STOCK
Answer: |
Income from Bond: |
Capital Gain on Bond = Sale value of
Bond ( -) Purchase value of Bond = $10,300 (-) $10,000 = $300 |
Capital Gain on Bond = $300 |
Income from Stock : |
Capital Gain on
Stock = Sale value of Stock ( -) Purchase value
of Stock = $ 11,000 - $ 10,000 = $1,000 |
Capital Gain on Stock = $1,000 |