Bonds payable with a face value of OR 450,000 and a term of 10 years were issued on January 1, 2012, for OR 410,000. On the maturity date, what amount will the company pay to bondholders? Select one: A. OR 410,000 B. OR 400,000 C. OR 390,000 D. OR 450,000

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter13: Long-term Liabilities
Section: Chapter Questions
Problem 13Q: A company issued bonds with a $100,000 face value, a 5-year term, a stated rate of 6%, and a market...
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Bonds payable with a face value of OR 450,000 and a term of 10 years were issued on January 1, 2012, for OR 410,000. On the
maturity date, what amount will the company pay to bondholders?
Select one:
A. OR 410,000
B. OR 400,000
C. OR 390,000
D. OR 450,000
Transcribed Image Text:Bonds payable with a face value of OR 450,000 and a term of 10 years were issued on January 1, 2012, for OR 410,000. On the maturity date, what amount will the company pay to bondholders? Select one: A. OR 410,000 B. OR 400,000 C. OR 390,000 D. OR 450,000
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