If $1,000,000 of 8% bonds are issued at 102 3/4, the amount of cash received from the sale is Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

If $1,000,000 of 8% bonds are issued at 102 3/4, the amount of cash received from the sale is Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

If $1,000,000 of 8% bonds are issued at 102 3/4, the amount of cash received from the sale is

Note:-

Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.
Answer completely.
You will get up vote for sure.

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Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
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when the bank sold its securities of Omr 20000 (Cost of securities 21500) with broker commission. the debit side is: Select one: a. cash and broker commissions b. Invwstement and cash c. Inveastment and brokers commission d. cash and ganis of sales e. The correct answers not available.