Question: help me please thank you 39) On May 1, 2019, Raiders Company issued P2,000,000, 10 years, 9% bonds at 105 including accrued interest. These bonds
help me please thank you
39) On May 1, 2019, Raiders Company issued P2,000,000, 10 years, 9% bonds at 105 including accrued interest. These bonds are dated January 1, 2019. Interest is payable semi-annually on January 1 and July 1. Transaction costs of P10,000 were paid by Raiders. What is the net cash receipts from the bond issuance? A. 2,090,000 B. 2,100,000 C. 2,150,000 D. 2,160,000
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