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At January 1, year 3, Mars Industries, Inc., owed Second Public Bank $13 million under a 13% note due December 31, year 5. Interest was
At January 1, year 3, Mars Industries, Inc., owed Second Public Bank $13 million under a 13% note due December 31, year 5. Interest was paid last on December 31, year 1. Mars was experiencing severe f...
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Fundamental accounting principle
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
21st edition
1259119831, 9781259311703, 978-1259119835, 1259311708, 978-0078025587
