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Why does a company need unearned revenue account

Assignment Help Accounting Basics
Reference no: EM131562555

Need help with answers to these questions:

1. Why does a company need unearned revenue account and why is it considered a liability? Also, how and when do we recognize?

2. Why do companies issue bonds? What is meant by discount, face, or premium as it relates to bonds? What is the determining factor of whether a bond is sold at a discount, face, or premium?

3. What factors should management consider in determining if borrowing funds is a viable solution?

Reference no: EM131562555

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