FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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QUESTION 15
When bonds are issued by a company, the accounting entry shows an
a. increase in assets and an increase in liabilities.
b. increase in assets and an increase in stockholders' equity.
c. increase in liabilities and a decrease in stockholders' equity.
d. increase in liabilities and an increase in stockholders' equity.
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