(4: On Sep.1, 2010 Bros Company purchased 10000 of Handle production Ins., %9 bonds face value 100 $ per bond at cost of $ 967000 and paid 1000$ as commission to the dealer plus accrued interest at the purchase date in cash, the interest is payable each Jan. 1 and July 1 and the bonds mature at Jan.1, 2016. At April 2015 the company sold 90% of bonds at 99 $ per bond plus accrued interest in cash Required: Prepare the entries in 2010,201 1,2015

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.