GnuCash: how to enter the purchase of a corporate bond with accrued interest

[Larry Evans]

On 03/05/2015 01:27 PM, Larry Evans wrote:
> On 03/02/2015 05:55 PM, Alice Lee wrote:
>> Wm   I did not get a private E-mail.  If you could send me the general
>> ledger with the entries, I can tell you what needs to change.
>>
>> -----Original Message-----
>> From: gnucash-user
>> [mailto:gnucash-user-bounces+alee212007=satx.rr.com at gnucash.org] On Behalf
>> Of Wm
>> Sent: Saturday, February 28, 2015 2:13 PM
>> To: gnucash-user at gnucash.org
>> Subject: Re: GnuCash: how to enter the purchase of a corporate bond with
>> accrued interest
>>
>> Sat, 28 Feb 2015 05:31:35 <mcs8uo$9ep$1 at ger.gmane.org>  Larry Evans
>> <cppljevans at suddenlink.net>
>>
>>> On 02/27/2015 12:31 PM, Alice Lee wrote:
>>>> The accrued interest is not an expense.  It is a receivable which 
>>>> will be zeroed out when the interest is received.  The balance is income.
>>
>>> I'm afraid I still do not understand.  I've tried to use such an 
>>> InterestReceivable account as you suggest; however, I can't get it to 
>>> work (as indicated by the screen shots in my private email to you).
>>
>> I haven't seen the private stuff but I think you are now going backwards
>> rather than forwards.
>>
>>> Could you possibly provide more concrete information about how to 
>>> accomplish this?  In the example screenshots I sent to you, the balance 
>>> at year end is $1010 instead of the expected $1005.
>>> I even tried making the InterestReceivable type Accounts Receivable; 
>>> however, that didn't help either.
> [snip]
> Alice,
> 
> I tried to post to this newsgroup in reply to your latest post
> on Mar. 2; however, for some reason, that reply hasn't appeared.
> 
> The private email Wm was referring to was the one I sent to:
> 
>   alee212007 at satx.rr.com
> 
> on:
> 
>   February 27, 2015 12:11 PM
> 
> Maybe you missed it or maybe, somehow, someone was masquerading
> as you and I replied to them.  If so; I apologize.
> 
> Hopefully this post will appear on the gnucash.user newsgroup.
> 
> -regards,
> Larry
> 
I see the post has made it; so, I'll provide links to the
screenshots that were in my (what I thought was) a private-email
to Alice.

The links are:

https://www.dropbox.com/s/cg2u2egmaac3mv4/alee-Bond.png?dl=0
https://www.dropbox.com/s/q0edql98t7fbi9b/alee-BondInterest.png?dl=0
https://www.dropbox.com/s/0kc615tes8yosx9/alee-
InterestReceivable_buy.png?dl=0
https://www.dropbox.com/s/dd97jfndk3usxa7/alee-InterestReceivable_income.png?dl=0

The links were provided instead of attaching the .png files to
save bandwidth at the cost of a litter convenience.

-regards,
Larry