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  3. Study Set
    Fundamental Accounting Principles
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    Exam 6: Bonds and Long-Term Notes Payable
  5. Question
    When Convertible Bonds Are Converted to Common Shares,the Carrying Value
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When Convertible Bonds Are Converted to Common Shares,the Carrying Value

Question 145

Question 145

True/False

When convertible bonds are converted to common shares,the carrying value of the bonds is transferred to contributed capital.

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