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Miken Freak DST 34/27 Maxload ASA  w/ Valid Receipt Miken Freak DST 34/27 Maxload ASA w/ Valid Receipt Paypal US $275.00 25d 13h
RIP-IT SENIOR ASA SOFTBALL BAT RECEIPT RIP-IT SENIOR ASA SOFTBALL BAT RECEIPT Paypal 0 Bid US $.99 5d 17h 49m
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Asa Receipt
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.

Softball

Miken Freak DST 34/27 Maxload ASA  w/ Valid Receipt Miken Freak DST 34/27 Maxload ASA w/ Valid Receipt Paypal US $275.00 25d 13h
RIP-IT SENIOR ASA SOFTBALL BAT RECEIPT RIP-IT SENIOR ASA SOFTBALL BAT RECEIPT Paypal 0 Bid US $.99 5d 17h 49m
REAPER ASA SOFTBALL BAT 34/28 RECEIPT REAPER ASA SOFTBALL BAT 34/28 RECEIPT Paypal 0 Bid US $.99 5d 17h 54m
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Loblaws pharmacist Error!! Been confronted after selling wrong medication


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