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this is intermediate accounting Computational. On March 1. 2020. ABC, inc. Issued P1 00,000, 12%. 5-year bonds when the market rate of interest was 15%.

this is intermediate accounting
Computational. On March 1. 2020. ABC, inc. Issued P1 00,000, 12%. 5-year bonds when the market rate of interest was 15%. Interest is payable on June 30 and December 31. ABC also paid P433513 in connection to the issuance of the instrument. How much is the net cash received from this Issue

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