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    Fundamental Financial Accounting Concepts
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    Exam 10: Accounting for Long-Term Debt
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    On January 1,2016,Daniels Company Issued Bonds with a Face Value
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On January 1,2016,Daniels Company Issued Bonds with a Face Value

Question 129

Question 129

True/False

On January 1,2016,Daniels Company issued bonds with a face value of $500,000,receiving $496,000 cash.These bonds were issued at a discount.

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