A common source of debt capital is the issuance of bonds . A bond is a written

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A common source of debt capital is the issuance of bonds . A bond is a written promise to pay someone who lends money to the entity.

Since a bond usually is a noncurrent liability, the payments are due

[within 1 year / sometime after 1 year].

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Essentials Of Accounting

ISBN: 9780273771463

11th International Edition

Authors: Leslie K. Breitner

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