Reference no: EM132868676
Question - ABC Company's December 31, 2010, Balance Sheet contained the following items in the long-term liabilities section:
Unsecured
9.375% Registered Bonds (P25,000 Maturing Annually Beginning in 2014) 275,000
11.5% Convertible Bonds, Callable Beginning in 2019 due in 2020 125,000
Secured
9.875% Guaranty Security Bonds, Due 2020 250,000
10.0% Commodity Backed Bonds (P50,000 Maturing annually Beginning in 2015) 200,000
Required -
1. How much is the Total Amount of the Serial Bonds?
2. How much is the Total Amount of the Debenture Bonds?
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