By rear spacing I am assuming you mean back spacing?
Back spacing is the distance from the mounting surface to the rear of the rim. For example 4" backspacing will measure 4" from the mounting surface to the outer edge of the wheel if you placed a straightedge on it.
Bolt circle is the diameter of the circle that the bolts are centered on. GM pickups are 5 on 5". Or 5 lugs on 5" bolt circle.
One way to measure for backspacing is to take a rim the size you want with a known backspacing and measure the clearance from the edge to the fenderwell while the suspension is in compression and rebound.
Chris Lucas
www.73-87chevytrucks.com
www.captkaoscustoms.com
Project Su
Jimmy 2WD Project