When bonds are issued by a company, the accounting entry typically shows an a. increase in assets
Question:
When bonds are issued by a company, the accounting entry typically shows an
a. increase in assets and an increase in liabilities.
b. increase in assets and an increase in shareholders' equity.
c. increase in liabilities and an increase in shareholders' equity.
d. increase in liabilities and a decrease in shareholders' equity.
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Related Book For 
Cornerstones Of Financial Accounting
ISBN: 9780176707125
2nd Canadian Edition
Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone
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