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hancock Company, reported the following non-current liabilities on Dec 31, 2020. 9% registered bond, P250,000 maturing annually beginning 2021 P 2,750,000 11% Convertible bonds, callable
hancock Company, reported the following non-current liabilities on Dec 31, 2020.
9% registered bond, P250,000 maturing annually beginning 2021 P 2,750,000
11% Convertible bonds, callable beginning in 2021, due 2022 1,250,000
12% guaranty security bonds due 2022 2,500,000
10% commodity backed bonds beginning in 2021 2,000,000
a. What total amount of serial bonds should be reported?
b. What is the total amount of debenture bonds?
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