23-During the year ended 31st December 2014, Ivory Investments Ltd. Purchased and sold investments as per details below : 31st March-Purchased 10,000, 5 per cent Debentures of $ 100 each of Asbestos...

23-During the year ended 31st December 2014, Ivory Investments Ltd. Purchased and sold investments as per details below : 31st March-Purchased 10,000, 5 per cent Debentures of $ 100 each of Asbestos Ltd. At $ 97, brokerage and stamp duty amounting to $ 25,600. Interest is payable on the debentures on 1st July and 1st January 1st May-Purchased 10,000, 6 per cent Cumulative Preference Shares of $ 100 each of Alin Cements Ltd. At $ 95, brokerage and stamp duty being $ 24,200. Dividends are payable on 30th June and 31st December 1st July-Sold $ 6,00,000 Debentures of Asbestos Ltd. At $ 99 per hundred, less brokerage, etc. $ 3,600. 1st October—Purchased a further 4,000, 6 per cent, Cumulative Preference Shares of $ 100 of Alin Cements Ltd. At $ 90, brokerage and stamp duty being $ 8,600. Write up the Ledger Accounts of the two investments for the year 2014.