Concord Corporation issues $19300000 of 10-year, 12% bonds on March 1, 2020 at 98 plus accrued...
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Concord Corporation issues $19300000 of 10-year, 12% bonds on March 1, 2020 at 98 plus accrued interest. The bonds are dated January 1, 2020, and pay interest on June 30 and December 31. What is the total cash received on the issue date? O $18700000 O$19300000 $20265000 O$18914000 Concord Corporation issues $19300000 of 10-year, 12% bonds on March 1, 2020 at 98 plus accrued interest. The bonds are dated January 1, 2020, and pay interest on June 30 and December 31. What is the total cash received on the issue date? O $18700000 O$19300000 $20265000 O$18914000
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Related Book For
Fundamental Accounting Principles Volume II
ISBN: 978-1260305838
16th Canadian edition
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
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