Asa Receipt
April 13th, 2008 | 
Author: admin
Author: admin |
 | Easton 2012 Synge-11.5 Fastpitch 32/20.5 USSSA ASA New Warranty & Dealer receipt |  |  | US $189.99 | 28d 6h 4m |
 | WORTH 454 TOXIC SB454A 34/28 NEW IN WRAPPER! ASA! WITH RECEIPT! | | | US $224.99 | 6h 1m |
 | NIW 2007 MIKEN RECOIL ASA MAXLOAD 27 OUNCE NEW 98 MPH SOFTBALL BAT WITH RECEIPT | | | US $339.99 | 18d 19h 37m |
 | New in wrapper Easton Salvo 27 ounce with receipt for warranty SRV5 ASA | | 5 Bids | US $61.05 | 2d 4h |
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Asa Receipt
Cash receipts from bond issued?
I have a homework question for accounting that states, Asa Inc., issued $300,000 of 8-year, 7 percent bonds at 101. I have to state the cash proceeds and indicate whether the bond was sold at a premium or discount. Please help me on this question the book doesn't give me enough information to figure it out, and I have many more I need to do so this one would help out a lot. Thanks in advance!
If the sale price is $101 per $100 face value, it was issued at a premium. The cash proceeds from the issue was 1.01*$300,000 = $303,000.
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| Easton 2012 Synge-11.5 Fastpitch 32/20.5 USSSA ASA New Warranty & Dealer receipt | | | US $189.99 | 28d 6h 4m |
| WORTH 454 TOXIC SB454A 34/28 NEW IN WRAPPER! ASA! WITH RECEIPT! | | | US $224.99 | 6h 1m |
| NIW 2007 MIKEN RECOIL ASA MAXLOAD 27 OUNCE NEW 98 MPH SOFTBALL BAT WITH RECEIPT | | | US $339.99 | 18d 19h 37m |
| New in wrapper Easton Salvo 27 ounce with receipt for warranty SRV5 ASA | | 5 Bids | US $61.05 | 2d 4h |
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