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Home Q & A Board Other Fields Homework Help Business Accounting
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goji.go goji.go
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Posts: 5977
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10 years ago
If a government issues bonds with a face value of $5,000,000 at a 2% discount and incurs $55,000 of issuance costs, the General Long-Term Liabilities accounts will report a liability of
A.   $4,845,000.
B.   $4,900,000.
C.   $5,000,000.
D.   $5,100,000.
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4 Replies
Diesel
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Answer accepted by topic starter
f_zah1f_zah1
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#1
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Posts: 10774
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10 years ago
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goji.go Author
wrote...
#2
10 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
wrote...
#3
10 years ago
You're very welcome!
wrote...
#4
4 years ago
thank you
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