On july 1 2010 spear co issued 1000 of its 10 1000 bonds at

Assignment Help Accounting Basics

Reference no: EM13591383

On July 1, 2010, Spear Co. issued 1,000 of its 10%, $1,000 bonds at 99 plus accrued interest. The bonds are dated April 1, 2010 and mature on April 1, 2020. Interest is payable semiannually on April 1 and October 1.

Required: What amount did Spear receive from the bond issuance?

Reference no: EM13591383

Questions Cloud

Controlling inventory has evolved with the widespread use : controlling inventory has evolved with the widespread use of technology. describe one advance in technology that helps

On june 30 2011 omara co had outstanding 8 3000000 face : on june 30 2011 omara co. had outstanding 8 3000000 face amount 15-year bonds maturing on june 30 2021. interest is

On january 1 2010 solis co issued its 10 bonds in the face : on january 1 2010 solis co. issued its 10 bonds in the face amount of 3000000 which mature on january 1 2020. the bonds

A company records an unrealized loss on short-term : a company records an unrealized loss on short-term securities. this would result in what type of difference and in what

On july 1 2010 spear co issued 1000 of its 10 1000 bonds at : on july 1 2010 spear co. issued 1000 of its 10 1000 bonds at 99 plus accrued interest. the bonds are dated april 1 2010

Alberto comapy issues 8 10-year semi-annual bonds with a : alberto comapy issues 8 10-year semi-annual bonds with a par value of 350000. on the issue date the annual market rate

If the dna coding sequence -caa-ccg-gat- were miscopied : if the dna coding sequence -caa-ccg-gat- were miscopied during replication and became -cga-ccg-gat- what effect would

Compare internal control issues between the invoice : compare internal control issues between the invoice approval and payment process in a manual office with that of an

Indicate the accounts that would be debited and credited : indicate the accounts that would be debited and credited and indicate the type of transaction as 1 external transaction

Reviews

Write a Review

Required(*) Message

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

User Account

All Pages