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What total amount of serial bonds should be reported

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Reference no: EM132678673

Handicraft Corporation reported the following non-current liabilities on December 31, 2020

  • Unsecured 9% registered bonds, P250,000 maturing annually starting in 2021 P2,750,000
  • 11% convertible bonds callable starting 2021, due 2022 P1,250,000

Secured

  • 12% guaranty security bonds due 2022 P2,500,000
  • 10% commodity backed bonds, P500,000 maturing annually starting in 2021 P2,000,000

Question 1: What total amount of serial bonds should be reported?

Question 2: What is the total amount of debenture bonds?

Reference no: EM132678673

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