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    Intermediate Accounting Study Set 12
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    Exam 4: Complex Financial Instruments
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    Under IFRS, a Convertible Debt Security Is Recorded as a Debt
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Under IFRS, a Convertible Debt Security Is Recorded as a Debt

Question 60

Question 60

Multiple Choice

Under IFRS, a convertible debt security is recorded as a debt instrument


A) with the equity feature ignored.
B) with the equity feature described in a note.
C) and an equity component.
D) with the conversion component credited to the Common Shares account.

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