Cloverdale Country Rodeo Inc. (CCRI) sells $1,000,000 of 10-year, 6% bonds for $980,500 plus accrued interest. The

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Cloverdale Country Rodeo Inc. (CCRI) sells $1,000,000 of 10-year, 6% bonds for $980,500 plus accrued interest. The bonds are dated January 1, 2023, but due to market conditions are not issued until April 1, 2023. Interest is payable on June 30 and December 31 each year. CCRI elects to report its financial results in accordance with ASPE and uses the straight-line method to amortize the bond discount

Posted Date: May 19, 2024 02:04 AM

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Cloverdale Country Rodeo Inc. (CCRI) sells $1,000,000 of 10-year, 6% bonds for $980,500 plus accrued interest. The

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