Question: Exercise 10-10A Determining cash receipts from bond issues LO 10-4, 10-5 Required Compute the cash proceeds from bond issues under the following terms. For each

Exercise 10-10A Determining cash receipts from bond issues LO 10-4, 10-5

Exercise 10-10A Determining cash receipts from bond issues LO 10-4, 10-5 Required Compute the cash proceeds from bond issues under the following terms. For each case, indicate whether the bonds sold at a premium or discount. (Round your answers to nearest dollar amount.) Book Cash Proceeds sk Discount or Premium a rint b Pear, Inc. issued $197,000 of 10-year, 8 percent bonds at 102 Apple, Inc. issued $57,000 of five-year, 12 percent bonds at 98 Cherry Co. Issued $159,000 of five-year, 6 percent bonds at 102 1/4 Grape, Inc. issued $39,000 of four-year, 8 percent bonds at 98 C

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