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  3. Study Set
    Accounting Study Set 5
  4. Exam
    Exam 12: Non-Current Liabilities, Debentures Payable and Classification of Liabilities on the Balance Sheet
  5. Question
    If Debentures with a Face Value of $100 000 Are
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If Debentures with a Face Value of $100 000 Are

Question 56

Question 56

Multiple Choice

If debentures with a face value of $100 000 are sold at 102, the amount of cash proceeds is:


A) $108 800.
B) $99 898.
C) $102 000.
D) $100 000.

Correct Answer:

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