Question: Austin Corporation issues 56.000.000 or 10%, 10-year bonds, dated December 31, Yeart The bonds are issued on Apri 30 Year 2 at 100 plus accrued
Austin Corporation issues 56.000.000 or 10%, 10-year bonds, dated December 31, Yeart The bonds are issued on Apri 30 Year 2 at 100 plus accrued interest interest on the bonds is payable semiannually each June 30 and December 31 The total amount of cash received by Austin Corporation upon issuance of the bonds on April 30, Year 2. s. Multiple Choice 36.000.000 56.200.000 56.150.000 56.300.000
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