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please answer the following Question 11 3 pts Adam Company issues $1,000,000 of 10-year, 9% bonds on March 1, 2020, at par value plus accrued
please answer the following Question 11 3 pts Adam Company issues $1,000,000 of 10-year, 9% bonds on March 1, 2020, at par value plus accrued interest. The bonds are dated January 1, 2020, and pay interest on July 1 and January 1. What is the total cash received (that is, what is the amount debited to the Cash account in the entry) on the issue date? Question 12 3 pts According to the principle, loss contingencies can be reported in the financial statements or disclosed in the footnotes, while gain contingencies can only be disclosed in the footnotes. (Enter one word only)
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