I want to correct answer general accounting If $482,000 of 9% bonds are issued at 96, the amount ofcash received from the sale is:a. $525,380b. $462,720c. $438,620d. $482,000

Explanation: The amount of cash received from issuance of bonds can be calculated as = No. of bonds…

Answered: If $482,000 of 9% bonds are issued at…

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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Similar questions

If $1,000,000 of 10% bonds are issued at 98, the amount of cash received from the sale is: O a. $987,500. Ob. $980,000. c. $1,000,000. Od. $975,000.
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If $1,012,000 of 12% bonds are issued at 102 1/2, the amount of cash received from the sale is Oa. $1,037,300 O b. $1,012,000 O c. $759,000 O d. $1,133,440
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Please help me with show all calculation thanku
If $325,000 of 9% bonds are issued at 96, what is the amount of cash received from the sale? Select the correct answer. $325,000 $295,750 $312,000 $354,250
Bonds Payable has a balance of $880,000 and Premium on Bonds Payable has a balance of $9,680. If the issuing corporation redeems the bonds at 102, what is the amount of gain or loss on redemption? Oa. $7,920 loss Ob. $9,680 gain Oc. $7,920 gain Od. $9,680 loss
Eddie Industries issues $926,000 of 8% bonds at 102. The amount of cash received from the sale is a.$926,000 b.$1,000,080 c.$898,220 d.$944,520

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If $482,000 of 9% bonds are issued at 96, the amount of cash received from the sale is: a. $525,380 b. $462,720 c. $438,620 d. $482,000