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

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

User Account

All Pages

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

Reference no: EM13591383

Reference no: EM13591383

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

Mr chins granddaughter ling is 8 years old mr chin would

Record as the cost of goods

You are the plant manager for icl inc a manufacturer of

Consolidated tax returns

Which of the following is true regarding the evaluation of

Make the journal entry to record the issuance of the bonds

Suppose that phil reduces the selling price on entrees and

Hocking corporations comparative balance sheet appears

What performance metric can be used to reduce goal

Which method of reporting cash flows from operations does

What major concerns does the u.s. have regarding

What are management incentives for establishing

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT