Multiple Choice
A U.S.company issues bonds to generate money for expanding its business to China.The company generates a sum of $50,000 in this fashion.This money is an example of a(n) ________.
A) short-term finance
B) long-term liability
C) owners' equity
D) accrued expense
E) payable account
Correct Answer:
Verified
Correct Answer:
Verified
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