Show your solution pls On March 1, 2016, Rose Corporation issued at 103 plus accrued interest, one hundred of its 9%, P1, 000 bonds. The bonds are dated January 1, 2016, and mature on January 1, 2024. Interest is payable semi-annually on January 1 and July 1, Rose paid bond issue costs of P 5,000. Rose would realize net cash receipts from the bond issuance of – *

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Show your solution pls On March 1, 2016, Rose Corporation issued at 103 plus accrued interest, one hundred of its 9%, P1, 000 bonds. The bonds are dated January 1, 2016, and mature on January 1, 2024. Interest is payable semi-annually on January 1 and July 1, Rose paid bond issue costs of P 5,000. Rose would realize net cash receipts from the bond issuance of – *
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