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    Intermediate Accounting Study Set 6
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    Exam 14: Long-Term Liabilities and Receivables
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    On January 1, 2010, Tiger Corporation Sold $100, 000 of Its
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On January 1, 2010, Tiger Corporation Sold $100, 000 of Its

Question 38

Question 38

Multiple Choice

On January 1, 2010, Tiger Corporation sold $100, 000 of its 15%, five-year bonds dated January 1, 2010, for $102, 000 total cash.The bonds sold at


A) 98
B) 100
C) 102
D) a quoted price that cannot be determined from the information given

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