Po.10. 4. The City of Mt. Zion issues 100 4% $1000 face value bonds at 105. The city will receive cash of: a. $104,000 b. $100,000 C. $95,000 d. $105,000

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Po.10.

4. The City of Mt. Zion issues 100 4% $1000 face value bonds at 105. The city will receive cash of: a. $104,000 b. $100,000 C. $95,000 d. $105,000

4. The City of Mt. Zion issues 100 4 % $1000 face value bonds at 105. The city will receive cash of:
a. $104,000
b. $100,000
c. $95,000
d. $105,000
Transcribed Image Text:4. The City of Mt. Zion issues 100 4 % $1000 face value bonds at 105. The city will receive cash of: a. $104,000 b. $100,000 c. $95,000 d. $105,000
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