E-tech initiatives limited plans to issue 500000 10-year 4

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E-Tech Initiatives Limited plans to issue $500,000, 10-year, 4 percent bonds. Interest is payable annually on December 31. All of the bonds will be issued on January 1,2010. Show the bonds would be reported on the January 2,2010, balance sheet if they are issued at 98.

Reference no: EM13596728

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