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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 12: Non-Current Liabilities, Debentures Payable and Classification of Liabilities on the Balance Sheet
  5. Question
    If Debentures with a Face Value of $100 000 Are
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If Debentures with a Face Value of $100 000 Are

Question 81

Question 81

Multiple Choice

If debentures with a face value of $100 000 are sold at par,the amount of cash proceeds is:


A) $108 800.
B) $100 000.
C) $99 912.
D) $88 000.

Correct Answer:

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