If bonds with a face value of $204,000 are issued at par, the amount of cash proceeds is ________.

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If bonds with a face value of $204,000 are issued at par, the amount of cash proceeds is ________.

If bonds with a face value of $204,000 are issued at par, the amount of cash proceeds is ________.
A) $204,000
B) $224,400
C) $244,800
D) $203,890

Textbook

Horngren's Financial & Managerial Accounting, The Financial Chapters

Edition: 5^th

Authors: Miller-Nobles, Mattison, Matsumura

Read 940 times

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I just realized you had posted this! Thanks so much

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