- Cont Tries For Boods Payable Train On July 1 201 Uvingston Corporation A Wholesale Of Manufacturing Equipment Issue 1 (23.94 KiB) Viewed 10 times
cont, Tries for Boods Payable Train On July 1, 201, Uvingston Corporation, a wholesale of manufacturing equipment, issued $6,100,000 of year, 11% bonds at a markat (effective interest rate of 12%, receiving cash of 15,293,794, rest on the bonds i sena on December 31 and June 30, 11e fical year of the
company is the calender ver Fer journales, if an amount box does not rere an entry at blank 1. Jouals the stry to record the amount of cash proceeds from the issuance of the bonds in dy 1. 2011. Cib AYOLITH The first mal interest ant on December 31, 2011, and the antication of the bond discount, uning the strught method found to the nearest st The interent permet on June 2012, and the action of the bond the straight method. Round to the neared udar, 88 4 procents de les than the face of the bidden the tract ate is is then the markets of th S. Compte of 570,294 rend te the bands in the presentes t3 dinal places and the fears to the neared my light the