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    Financial Accounting Study Set 26
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    Exam 7: Liabilities
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    The Cash Proceeds Received from Issuing a Bond Are Less
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The Cash Proceeds Received from Issuing a Bond Are Less

Question 65

Question 65

Multiple Choice

The cash proceeds received from issuing a bond are less than the face value of the bond. It is apparent that the bond was issued at:


A) face value
B) a premium
C) par value
D) a discount

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