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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 12: Non-Current Liabilities, Debentures Payable and Classification of Liabilities on the Balance Sheet
  5. Question
    When a Debenture Is Sold,the Selling Price Is Generally Equivalent
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When a Debenture Is Sold,the Selling Price Is Generally Equivalent

Question 17

Question 17

True/False

When a debenture is sold,the selling price is generally equivalent to the present value of the debenture payments.

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