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A U.S. company issues bonds to generate money for expanding its business to China. The company generates a sum of $50,000 in this fashion. This
A U.S. company issues bonds to generate money for expanding its business to China. The company generates a sum of $50,000 in this fashion. This money is an example of a(n) ________.
A. short-term finance
B. long-term liability
C. owners' equity
D. accrued expense
E. payable account
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