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Required Compute the cash proceeds from bond issues under the following terms. For each case, indicate whether the bonds sold at a premium or
Required Compute the cash proceeds from bond issues under the following terms. For each case, indicate whether the bonds sold at a premium or discount (Round your answers to nearest dollar amount.) Pear, Inc. issued $225,000 of 10-year, 8 percent bonds at 102 b. Apple, Inc. issued $97,000 of five-year, 12 percent bonds at 96 Cherry Co issued $186,000 of five-year, 6 percent bonds at 102 1/4 d Grape, Inc. issued $26,000 of four-year, 8 percent bonds at 99.00. Cash Proceeds Discount or Premium
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