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Question 1 - ABC company issued a five-year corporate bond of $600,000 with a 5% interest rate for $580,000. What effect the bond issuing on the accounting equation.
a. Increase assets and liabilities.
b. Increase and decrease stockholders' equity.
c. Increase assets and decrease liabilities.
d. Increase and decrease assets.
Question 2 - ABC company issues a bond with a stated interest rate of 10%, face value of $50,000, and due in 5 years. Interest payments of the bond are made semi-annually. The market rate for the bond is 12%. What is the issue price of the bond?
the master budget of carpenter co. shows that the planned activity level for next year is expected to be 100000 machine
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Which of the following is not an example of demonstrative evidence
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T. M. Maxwell owns a retail business and made the following sales during the month of July 20--. There is a 5% sales tax on all sales. Record the transactions in the sales journal and verify the column totals and rule the columns. Post the sales jour..
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Sohar Corn Company makes pots of spicy corn. Find the marginal and average product per worker
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