Cobourg Ltd Has Following Transactions During the Year

question 53

Multiple Choice

Cobourg Ltd has following transactions during the year:

Which of the following lists all the related party transactions required to be disclosed in AASB 124 "Related Party Disclosures"?

• A) I and II;
• B) III and IV;
• C) II, IV and V;
• D) I, II, IV and VI;
• E) III, IV, V and VI;

---

Definitions:

Maturity

Maturity is the date on which the principal amount of a bond, loan, or other financial instrument is to be repaid in full to the investor or lender.

Stated Interest Payment

The amount of interest that a bond or loan promises to pay to its holder, usually expressed as an annual percentage of the principal.

Coupon

The interest rate paid by a bond, typically expressed as an annual percentage of the bond's face value.

Income Bond

A type of debt security that only pays interest if the issuer has sufficient earnings.