on 1/4/2015 Al Masaa company issued 1000 bonds the par value per bonds 50$, bonds bearing interest 11% is payable each July 12015 & 31/ March 1 2016 . The bonds mature Dec. 2019. Notes payable would be debt at 1/4/2015 by: Select one: O a. OMR1000 O b. OMR500000 O c. OMR50000 d. None of the options

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter13: Long-term Liabilities
Section: Chapter Questions
Problem 8MC: On October 1 a company sells a 3-year, $2,500,000 bond with an 8% stated interest rate. Interest is...
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on 1/4/2015 Al Masaa company issued 1000
bonds the par value per bonds 50$, bonds
bearing interest 11% is payable each July
12015 & 31/ March 1 2016. The bonds
mature Dec. 2019. Notes payable would be
debt at 1/4/2015 by:
Select one:
a. OMR1000
Ob. OMR500000
O c. OMR50000
O d. None of the options
O O D
Transcribed Image Text:on 1/4/2015 Al Masaa company issued 1000 bonds the par value per bonds 50$, bonds bearing interest 11% is payable each July 12015 & 31/ March 1 2016. The bonds mature Dec. 2019. Notes payable would be debt at 1/4/2015 by: Select one: a. OMR1000 Ob. OMR500000 O c. OMR50000 O d. None of the options O O D
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