March 1 issued 200000 face value second morgage 8 bond for

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Reference no: EM13611273

March 1 issued 200,000 face value second morgage 8% bond for 218040 including accrued interest.Interest is payable semiannual on dec 1 and Jun 1 with the bonds maturing 10 years from this past december 1. the bonds are callable at 102. and on June 1 paid semiannual interest using striaght line amortization. and on dec 1 paid semiannual interest on bonds and purchased 100,000 face value at the call price in acordance with the provision of the bond indenture.

Reference no: EM13611273

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