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At issuance, the cash proceeds from the issuance of these bonds should be reported as Question 21Select one: a. contributed surplus for the entire proceeds.

At issuance, the cash proceeds from the issuance of these bonds should be reported as Question 21Select one: a. contributed surplus for the entire proceeds. b. contributed surplus for the portion of the proceeds attributable to the conversion feature and as a liability for the balance. c. a liability for the present value of the bonds and contributed surplus for the balance. d. a liability for the entire proceeds

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