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its been few days and u still haven't solve the question just read the problem and answer it, i dont have to explain further Accounting
its been few days and u still haven't solve the question just read the problem and answer it, i dont have to explain further
Accounting 2 Bonds Allen Company sold $100,000 of an 8% Bond Issue at a yield rate of 7% on November 1, 2000. The bonds had an authorization date of January 1, 2000 and a maturity date of December 31, 2002. Interest dates are June 30 and December 31.. The bonds were sold at a selling price of 101 43/44. Bauer Company sold $100,000 of a 7% Bond Issue at a yield rate of 8% on November 1, 2000. The bonds had an authorization date of January 1, 2000 and a maturity date of December 31, 2002. Interest dates are June 30 and December 31. The bonds were sold at a selling price of 98 1/21 2. Craig Company sold $1,500,000 of a 6% Bond Issue at a yield rate of 4% on August 1, 2002. The bonds had an authorization date of January 1, 2002 and a maturity date of December 31, 2005. Interest dates are June 30 and December 31. The bonds were sold ata selling price of 102 1/4. Drew Company sold $1,500,000 of a 4% Bond Issue at a yield rate of 6% on August 1, 2002. The bonds had an authorization date of January 1, 2002 and a maturity date of December 31, 2005. Interest dates are June 30 and December 31. The bonds were sold at a selling price of 99 1/2 4. Accounting 2 Bonds Allen Company sold $100,000 of an 8% Bond Issue at a yield rate of 7% on November 1, 2000. The bonds had an authorization date of January 1, 2000 and a maturity date of December 31, 2002. Interest dates are June 30 and December 31.. The bonds were sold at a selling price of 101 43/44. Bauer Company sold $100,000 of a 7% Bond Issue at a yield rate of 8% on November 1, 2000. The bonds had an authorization date of January 1, 2000 and a maturity date of December 31, 2002. Interest dates are June 30 and December 31. The bonds were sold at a selling price of 98 1/21 2. Craig Company sold $1,500,000 of a 6% Bond Issue at a yield rate of 4% on August 1, 2002. The bonds had an authorization date of January 1, 2002 and a maturity date of December 31, 2005. Interest dates are June 30 and December 31. The bonds were sold ata selling price of 102 1/4. Drew Company sold $1,500,000 of a 4% Bond Issue at a yield rate of 6% on August 1, 2002. The bonds had an authorization date of January 1, 2002 and a maturity date of December 31, 2005. Interest dates are June 30 and December 31. The bonds were sold at a selling price of 99 1/2 4Step by Step Solution
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