How should Shannondoah Ltd account for a cash loan to the company when the contract requires that
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How should Shannondoah Ltd account for a cash loan to the company when the contract requires that the principal will be redeemed in ordinary shares at maturity? Ten shares will be given for each $1000 bond. The current market value of the shares is $120.
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Related Book For 
Accounting Theory
ISBN: 9780470818152
7th Edition
Authors: Jayne Godfrey, Ann Tarca, Allan Hodgson, Jane Hamilton, Scott Holmes
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