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Question 5 Not vet answered On January 1, 2016, Colt Co. issued ten-year bonds with a face amount of $1,000,000 and a stated interest rate
Question 5 Not vet answered On January 1, 2016, Colt Co. issued ten-year bonds with a face amount of $1,000,000 and a stated interest rate of 10% payable annually on January 1. The bonds were priced to yield 12%. The approximate total issue price of the bonds was: Points out of 3.00 Select one: a. $1,122,888 Flag question b. $886,992 c. $1,134,198 d. $926,399 e. $1,077,217 Question 6 In preparing its August 31 bank reconciliation, Apex Corp. has available the following balance per bank and reconciling items: Not yet answered $ 18,050 3,050 Points out of 3.00 Balance per bank Deposit in transit Return of customer's check for insufficient funds Outstanding checks Bank service charges for August 400 3.750 100 Flag question The 8/31 unadjusted cash balance per books is: Select one: a. $ 19,250 b. $ 16,850 c. $17,650 d. $19,050 e. $17,850
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