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Showing posts with label
cash interest
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Showing posts with label
cash interest
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Monday, January 18, 2021
Megginson, Inc. issued a five-year corporate bond of $300,000 with a 5% interest rate for $290,000. What effect would the bond issuance have on Megginson, Inc's accounting equation?
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Megginson, Inc. issued a five-year corporate bond of $300,000 with a 5% interest rate for $290,000. What effect would the bond issuance have...
›
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