Why does a company that issues bonds between interest dates collect accrued interest from the bonds purchasers?

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Why does a company that issues bonds between interest dates collect accrued interest from the bonds’ purchasers?

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Financial Accounting Information For Decisions

ISBN: 9780072974720

3rd Edition

Authors: John J Wild

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Question Posted: Jun 21, 2024 09:04 AM

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Why does a company that issues bonds between interest dates collect accrued interest from the bonds purchasers?
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Why does a company that issues bonds between interest dates collect accrued interest from the bonds purchasers?

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Financial Accounting Information For Decisions

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